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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 190,440 $ 21,351 $ 193,341
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 228,342 238,089 245,868
Amortization of deferred financing costs and debt discounts as interest 6,305 7,123 11,046
Straight line rental income (4,807)    
Security deposits applied to payment shortfalls (36,444) (28,508) (17,813)
FF&E reserve income and deposits (47,485) (58,944) (49,218)
Loss (gain) on extinguishment of debt   6,720 (51,097)
Loss on asset impairment 16,384 163,681  
Equity in (earnings) losses of an investee (139) 1 134
Other non-cash (income) expense, net (1,340) (2,587) (2,241)
Changes in assets and liabilities:      
(Increase) decrease in other assets (2,890) (1,111) 1,297
Increase (decrease) in accounts payable and other liabilities 6,696 (4,424) (11,048)
Increase (decrease) in due to related persons 40 53 (153)
Cash provided by operating activities 355,102 341,444 320,116
Cash flows from investing activities:      
Real estate acquisitions and improvements (69,345) (7,091) (9,807)
FF&E reserve fundings (63,177) (97,816) (63,390)
Net proceeds from sale of real estate 6,905    
Investment in TravelCenters of America common shares (5,690)    
Investment in Affiliates Insurance Company   (76) (5,134)
Increase (decrease) in security deposits 37,000 (17,220)  
Cash used in investing activities (94,307) (122,203) (78,331)
Cash flows from financing activities:      
Proceeds from issuance of common shares, net     373,056
Issuance of senior notes, net of discount     296,961
Repayment of mortgage note (3,383)    
Repurchase of convertible senior notes   (185,626) (258,102)
Repurchase of senior notes     (45,239)
Repayment of senior notes   (50,000)  
Borrowings under revolving credit facility 276,000 298,000 389,000
Repayments of revolving credit facility (271,000) (154,000) (785,000)
Deferred financing costs incurred (6,872) (1,130) (2,258)
Distributions to preferred shareholders (29,880) (29,880) (29,880)
Distributions to common shareholders (222,239) (222,122) (72,374)
Cash used in financing activities (257,374) (344,758) (133,836)
Increase (decrease) in cash and cash equivalents 3,421 (125,517) 107,949
Cash and cash equivalents at beginning of period 4,882 130,399 22,450
Cash and cash equivalents at end of period 8,303 4,882 130,399
Supplemental cash flow information:      
Cash paid for interest 127,131 135,929 127,869
Cash paid for income taxes 1,354 1,553 6,055
Non-cash investing activities:      
Property managers' deposits in FF&E reserve 50,834 60,631 51,143
Property managers' purchases with FF&E reserve (144,436) (102,909) (78,433)
Non-cash financing activities:      
Issuance of common shares under equity compensation plans $ 1,366 $ 1,018 $ 624