XML 27 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Segment Information          
Hotel operating revenues $ 251,722 $ 242,995 $ 741,775 $ 670,867  
Rental income 73,915 72,305 220,863 230,078  
FF&E reserve income 4,431 3,389 12,033 13,537  
Total revenues 330,068 318,689 974,671 914,482  
Hotel operating expenses 184,566 168,278 527,806 450,845  
Depreciation and amortization 66,566 57,106 192,206 171,050  
General and administrative 10,336 11,292 32,333 30,746  
Acquisition related costs 84 387 1,648 1,150  
Loss on asset impairment     889 7,263  
Total expenses 261,552 237,063 754,882 661,054  
Operating income 68,516 81,626 219,789 253,428  
Interest income 116 11 233 54  
Interest expense (34,854) (33,513) (101,660) (100,183)  
Gain on sale of real estate 10,602   10,602    
Equity in earnings of an investee 115 28 236 111  
Income before income taxes 44,495 48,152 129,200 153,410  
Income tax benefit (expense) 163 (621) (3,908) (1,188)  
Net income 44,658 47,531 125,292 152,222  
Total assets 5,372,932   5,372,932   5,133,573
Hotels
         
Segment Information          
Hotel operating revenues 251,722 242,995 741,775 670,867  
Rental income 22,198 21,708 66,237 79,395  
FF&E reserve income 4,431 3,389 12,033 13,537  
Total revenues 278,351 268,092 820,045 763,799  
Hotel operating expenses 184,566 168,278 527,806 450,845  
Depreciation and amortization 44,682 36,421 127,244 110,222  
Acquisition related costs 84 387 1,648 1,150  
Loss on asset impairment     889 7,263  
Total expenses 229,332 205,086 657,587 569,480  
Operating income 49,019 63,006 162,458 194,319  
Gain on sale of real estate 10,602   10,602    
Income before income taxes 59,621 63,006 173,060 194,319  
Net income 59,621 63,006 173,060 194,319  
Total assets 3,144,935   3,144,935   2,905,065
Travel centers
         
Segment Information          
Rental income 51,717 50,597 154,626 150,683  
Total revenues 51,717 50,597 154,626 150,683  
Depreciation and amortization 21,884 20,685 64,962 60,828  
Total expenses 21,884 20,685 64,962 60,828  
Operating income 29,833 29,912 89,664 89,855  
Income before income taxes 29,833 29,912 89,664 89,855  
Net income 29,833 29,912 89,664 89,855  
Total assets 2,188,857   2,188,857   2,202,199
Corporate
         
Segment Information          
General and administrative 10,336 11,292 32,333 30,746  
Total expenses 10,336 11,292 32,333 30,746  
Operating income (10,336) (11,292) (32,333) (30,746)  
Interest income 116 11 233 54  
Interest expense (34,854) (33,513) (101,660) (100,183)  
Equity in earnings of an investee 115 28 236 111  
Income before income taxes (44,959) (44,766) (133,524) (130,764)  
Income tax benefit (expense) 163 (621) (3,908) (1,188)  
Net income (44,796) (45,387) (137,432) (131,952)  
Total assets $ 39,140   $ 39,140   $ 26,309