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Hotel Dispositions (Tables)
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups
The following table includes condensed financial information primarily related to 12 of 13 hotels sold in 2014 (the remaining hotel was held for sale as of December 31, 2013) and eight hotels sold during the year ended December 31, 2015 included in continuing operations (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Hotel operating revenue
$
32,150

 
 
$
157,109

 
 
$
201,533

 
Operating expenses (a)
(25,971
)
 
 
(148,915
)
 
 
(224,744
)
 
Operating income (loss)
6,179

 
 
8,194

 
 
(23,211
)
 
Interest expense, net
(1,031
)
 
 
(2,475
)
 
 
(3,390
)
 
Debt extinguishment
(309
)
 
 
(932
)
 
 

 
Gain on sale of investment in unconsolidated entities, net

 
 
30,176

 
 

 
Other gains, net

 
 

 
 
42

 
Equity in income from unconsolidated entities
7,111

 
 
3,294

 
 
3,037

 
Income (loss) from continuing operations
11,950

 
 
38,257

 
 
(23,522
)
 
Gain on sale of hotels, net(b)
19,426

 
 
66,762

 
 

 
Net income (loss)
31,376

 
 
105,019

 
 
(23,522
)
 
Net loss (income) attributable to noncontrolling interests in other partnerships
(5,166
)
 
 
(977
)
 
 
4,555

 
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP
(110
)
 
 
(382
)
 
 
93

 
Net income (loss) attributable to FelCor
$
26,100

 
 
$
103,660

 
 
$
(18,874
)
 
(a)
Operating expenses include impairment charges of $24.4 million for the year ended December 31, 2013.
(b)
We recorded a $24.4 million gain from foreign currency translation (which we had previously recorded in accumulated other comprehensive income) when we sold our remaining Canadian hotel in 2014, which substantially liquidated all of our foreign investments.
Schedule of operations for the hotels included in discontinued operations
Discontinued operations include the results of operations for one hotel sold in 2014 (which was held for sale at December 31, 2013) and five hotels sold in 2013. The following table summarizes the condensed financial information for those hotels (in thousands):
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Hotel operating revenue
 
$

 
 
$
730

 
 
$
33,849

Operating expenses(a)
 
11

 
 
(677
)
 
 
(34,553
)
Operating income (loss) from discontinued operations
 
11

 
 
53

 
 
(704
)
Interest expense, net
 

 
 
(66
)
 
 
(793
)
Debt extinguishment
 

 
 
(245
)
 
 

Gain on involuntary conversion
 

 
 

 
 
66

Gain (loss) on sale, net
 
658

 
 
(102
)
 
 
19,441

Income (loss) from discontinued operations
 
$
669

 
 
$
(360
)
 
 
$
18,010

(a)
Operating expenses in discontinued operations include impairment charges of $4.4 million for the year ended December 31, 2013.