FelCor Lodging 10-Q 9 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 03, 2017
Document and Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	FCH
Entity Registrant Name	FelCor Lodging Trust Incorporated
Entity Central Index Key	923,603
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		138,421,154
FelCor Lodging LP [Member]
Document and Entity Information [Line Items]
Entity Registrant Name	FelCor Lodging LP
Entity Central Index Key	1,048,789
Entity Filer Category	Non-accelerated Filer

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Investment in hotels, net of accumulated depreciation of $945,449 and $932,886 at March 31, 2017 and December 31, 2016, respectively	$ 1,535,718	$ 1,566,823
Investment in unconsolidated entities	7,532	8,312
Cash and cash equivalents	50,235	47,317
Restricted cash	22,319	19,491
Accounts receivable, net of allowance for doubtful accounts of $148 and $177 at March 31, 2017 and December 31, 2016, respectively	40,976	42,080
Deferred expenses, net of accumulated amortization of $3,427 and $2,959 at March 31, 2017 and December 31, 2016, respectively	4,059	4,527
Other assets	19,326	18,542
Total assets	1,680,165	1,707,092
Liabilities and Equity
Debt, net of unamortized debt issuance costs of $15,389 and $15,967 at March 31, 2017 and December 31, 2016, respectively	1,354,187	1,338,326
Distributions payable	14,853	14,858
Accrued expenses and other liabilities	123,505	116,437
Total liabilities	1,492,545	1,469,621
Commitments and contingencies
Redeemable noncontrolling interests in FelCor LP, 610 units issued and outstanding at March 31, 2017 and December 31, 2016	4,583	4,888
Preferred stock, $0.01 par value, 20,000 shares authorized:
Common stock, $0.01 par value, 200,000 shares authorized; 138,409 and 137,990 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	1,384	1,380
Additional paid-in capital	2,579,066	2,576,988
Accumulated deficit	(2,757,732)	(2,706,408)
Total FelCor stockholders’ equity	132,055	181,297
Noncontrolling interests in other partnerships	7,199	7,503
Preferred equity in consolidated joint venture, liquidation value of $44,694 and $44,667 at March 31, 2017 and December 31, 2016, respectively	43,783	43,783
Total equity	183,037	232,583
Total liabilities and equity	1,680,165	1,707,092
FelCor Lodging LP [Member]
Assets
Investment in hotels, net of accumulated depreciation of $945,449 and $932,886 at March 31, 2017 and December 31, 2016, respectively	1,535,718	1,566,823
Investment in unconsolidated entities	7,532	8,312
Cash and cash equivalents	50,235	47,317
Restricted cash	22,319	19,491
Accounts receivable, net of allowance for doubtful accounts of $148 and $177 at March 31, 2017 and December 31, 2016, respectively	40,976	42,080
Deferred expenses, net of accumulated amortization of $3,427 and $2,959 at March 31, 2017 and December 31, 2016, respectively	4,059	4,527
Other assets	19,326	18,542
Total assets	1,680,165	1,707,092
Liabilities and Equity
Debt, net of unamortized debt issuance costs of $15,389 and $15,967 at March 31, 2017 and December 31, 2016, respectively	1,354,187	1,338,326
Distributions payable	14,853	14,858
Accrued expenses and other liabilities	123,505	116,437
Total liabilities	1,492,545	1,469,621
Commitments and contingencies
Redeemable noncontrolling interests in FelCor LP, 610 units issued and outstanding at March 31, 2017 and December 31, 2016	4,583	4,888
Preferred stock, $0.01 par value, 20,000 shares authorized:
Preferred equity in consolidated joint venture, liquidation value of $44,694 and $44,667 at March 31, 2017 and December 31, 2016, respectively	43,783	43,783
Total liabilities and equity	1,680,165	1,707,092
Preferred Units, Preferred Partners' Capital Account [Abstract]
Preferred Units, Contributed Capital	309,337	309,337
Common units, 138,409 and 137,990 units issued and outstanding at March 31, 2017 and December 31, 2016, respectively	(177,282)	(128,040)
Total FelCor LP partners’ capital	132,055	181,297
Noncontrolling interests	7,199	7,503
Preferred capital in consolidated joint venture	43,783	43,783
Total partners’ capital	183,037	232,583
FelCor Lodging LP [Member] | Series A Cumulative Convertible Preferred Units, 12,879 units issued and outstanding at March 31, 2017 and December 31, 2016
Preferred Units, Preferred Partners' Capital Account [Abstract]
Preferred Units, Contributed Capital	309,337	309,337
Series A Cumulative Convertible Preferred Stock, 12,879 shares, liquidation value of $321,987, issued and outstanding at March 31, 2017 and December 31, 2016
Preferred stock, $0.01 par value, 20,000 shares authorized:
Cumulative Preferred Stock	$ 309,337	$ 309,337

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Accumulated depreciation	$ 945,449	$ 932,886
Allowance for doubtful accounts	148	177
Accumulated Amortization of Debt Issuance Costs, Line of Credit Arrangements	3,427	2,959
Debt Issuance Costs, Net	$ 15,389	$ 15,967
Units of noncontrolling interests in FelCor LP issued (in shares)	610,000	610,000
Units of noncontrolling interests in FelCor LP outstanding (in shares)	610,000	610,000
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred Stock, shares authorized	20,000,000	20,000,000
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	200,000,000	200,000,000
Common Stock, shares issued and outstanding	138,409,000	137,990,000
Joint Venture Preferred Equity Liquidation Value	$ 44,694	$ 44,667
Common Stock, Dividends, Per Share, Declared	$ 0.06
Series A Preferred Stock [Member]
Preferred Stock, shares issued	12,879,000	12,879,000
Preferred Stock, shares outstanding	12,879,000	12,879,000
Preferred Stock, liquidation value	$ 321,987	$ 321,987
FelCor Lodging LP [Member]
Accumulated depreciation	945,449	932,886
Allowance for doubtful accounts	148	177
Accumulated Amortization of Debt Issuance Costs, Line of Credit Arrangements	3,427	2,959
Debt Issuance Costs, Net	$ 15,389	$ 15,967
Units of redeemable units issued	610,000	610,000
Units of redeemable units outstanding	610,000	610,000
Common units issued and outstanding	138,409,000	137,990,000
FelCor Lodging LP [Member] | Series A Preferred Units [Member]
Series A Cumulative Convertible Preferred Units issued	12,879,000	12,879,000
Series A Cumulative Convertible Preferred Units outstanding	12,879,000	12,879,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Hotel operating revenue	$ 187,696	$ 209,457
Other revenue	408	687
Total revenues	188,104	210,144
Expenses:
Hotel departmental expenses	70,433	77,438
Other property-related costs	50,855	55,566
Management and franchise fees	7,550	9,225
Taxes, insurance and lease expense	13,902	13,582
Corporate expenses	6,940	8,400
Depreciation and amortization	27,838	29,183
Impairment	24,838	0
Other expenses	1,260	828
Total operating expenses	203,616	194,222
Operating income (loss)	(15,512)	15,922
Interest expense, net	(19,286)	(19,720)
Loss before equity in loss from unconsolidated entities	(34,798)	(3,798)
Equity in loss from unconsolidated entities	(130)	(154)
Loss from continuing operations before income tax	(34,928)	(3,952)
Income tax	(547)	(415)
Loss from continuing operations before loss on sale of hotels	(35,475)	(4,367)
Loss on sale of hotels	(666)	(714)
Net loss and comprehensive loss	(36,141)	(5,081)
Net loss attributable to noncontrolling interests in other partnerships	404	471
Net loss attributable to redeemable noncontrolling interests in FelCor LP	186	48
Preferred distributions - consolidated joint venture	(360)	(360)
Net income (loss) and comprehensive income (loss) attributable to reporting entity	(35,911)	(4,922)
Preferred dividends	(6,279)	(6,279)
Net loss attributable to FelCor common stockholders	$ (42,190)	$ (11,201)
Basic and diluted per common share/unit data:
Earnings Per Share, Basic and Diluted	$ (0.31)	$ (0.08)
Weighted Average Number of Shares Outstanding, Basic and Diluted	137,778	139,678
FelCor Lodging LP [Member]
Revenues:
Hotel operating revenue	$ 187,696	$ 209,457
Other revenue	408	687
Total revenues	188,104	210,144
Expenses:
Hotel departmental expenses	70,433	77,438
Other property-related costs	50,855	55,566
Management and franchise fees	7,550	9,225
Taxes, insurance and lease expense	13,902	13,582
Corporate expenses	6,940	8,400
Depreciation and amortization	27,838	29,183
Impairment	24,838	0
Other expenses	1,260	828
Total operating expenses	203,616	194,222
Operating income (loss)	(15,512)	15,922
Interest expense, net	(19,286)	(19,720)
Loss before equity in loss from unconsolidated entities	(34,798)	(3,798)
Equity in loss from unconsolidated entities	(130)	(154)
Loss from continuing operations before income tax	(34,928)	(3,952)
Income tax	(547)	(415)
Loss from continuing operations before loss on sale of hotels	(35,475)	(4,367)
Loss on sale of hotels	(666)	(714)
Net loss and comprehensive loss	(36,141)	(5,081)
Net loss attributable to noncontrolling interests in other partnerships	404	471
Preferred distributions - consolidated joint venture	(360)	(360)
Net income (loss) and comprehensive income (loss) attributable to reporting entity	(36,097)	(4,970)
Preferred dividends	(6,279)	(6,279)
Net loss attributable to FelCor LP common unitholders	$ (42,376)	$ (11,249)
Basic and diluted per common share/unit data:
Earnings Per Share, Basic and Diluted	$ (0.31)	$ (0.08)
Weighted Average Number of Shares Outstanding, Basic and Diluted	138,388	140,289

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	$0.06 per common share	$0.4875 per Series A preferred share	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Deficit$0.06 per common share	Accumulated Deficit$0.4875 per Series A preferred share	Noncontrolling Interests in Other Partnerships	Preferred Equity in Consolidated Joint Venture
Shares, Issued - beginning balance at Dec. 31, 2015				12,879	141,808
Stockholders' Equity, beginning balance at Dec. 31, 2015	$ 311,145			$ 309,337	$ 1,418	$ 2,567,515	$ (2,618,117)			$ 7,806	$ 43,186
Increase (Decrease) in Stockholders' Equity
Stock Repurchased During Period, Shares					(2,948)
Stock Repurchased During Period, Value	(19,218)				$ (29)		(19,189)
Issuance of stock awards - shares					545
Issuance of stock awards - value	44				$ 5	39
Cumulative effect of change in accounting for stock compensation forfeitures	0					185	(185)
Stock awards - amortization	2,235					2,235
Stock compensation withheld - shares					(98)
Stock compensation withheld - value	(592)				$ (1)	0	(591)
Allocation to redeemable noncontrolling interests	(585)					(585)
Contribution from noncontrolling interests	68									68
Dividends, Common Stock		$ (8,432)						$ (8,432)
Preferred dividends	(360)		$ (6,279)						$ (6,279)		(360)
Issuance of preferred equity - consolidated joint venture	598										598
Net income (loss) and comprehensive income (loss) (attributable to FelCor and noncontrolling interests in other partnerships)	(5,033)						(4,922)			(471)	360
Shares, Issued - ending balance at Mar. 31, 2016				12,879	139,307
Stockholders' Equity, ending balance at Mar. 31, 2016	273,591			$ 309,337	$ 1,393	2,569,389	(2,657,715)			7,403	43,784
Shares, Issued - beginning balance at Dec. 31, 2016				12,879	137,990
Stockholders' Equity, beginning balance at Dec. 31, 2016	232,583			$ 309,337	$ 1,380	2,576,988	(2,706,408)			7,503	43,783
Increase (Decrease) in Stockholders' Equity
Issuance of stock awards - shares					447
Issuance of stock awards - value	93				$ 5	88
Stock awards - amortization	1,909					1,909
Stock compensation withheld - shares					(28)
Stock compensation withheld - value	(814)				$ (1)	0	(813)
Allocation to redeemable noncontrolling interests	81					81
Contribution from noncontrolling interests	100									100
Dividends, Common Stock		$ (8,321)						$ (8,321)
Preferred dividends	(360)		$ (6,279)				0		$ (6,279)		(360)
Net income (loss) and comprehensive income (loss) (attributable to FelCor and noncontrolling interests in other partnerships)	(35,955)						(35,911)			(404)	360
Shares, Issued - ending balance at Mar. 31, 2017				12,879	138,409
Stockholders' Equity, ending balance at Mar. 31, 2017	$ 183,037			$ 309,337	$ 1,384	$ 2,579,066	$ (2,757,732)			$ 7,199	$ 43,783

Consolidated Statements of Cha6

Consolidated Statements of Changes in Equity (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Common Stock, Dividends, Per Share, Declared	$ 0.06	$ 0.06
Series A Preferred Stock [Member]
Preferred Stock, Dividend Rate, Per-Dollar-Amount	$ 0.4875	$ 0.4875

Consolidated Statements of Part

Consolidated Statements of Partners' Capital - USD ($) $ in Thousands	Total	FelCor Lodging LP [Member]	FelCor Lodging LP [Member]Preferred Units	FelCor Lodging LP [Member]Common Units	FelCor Lodging LP [Member]Noncontrolling Interests	FelCor Lodging LP [Member]Preferred Capital in Consolidated Joint Venture	Preferred Equity in Consolidated Joint Venture	Common Stock
Partners' Capital, Beginning Balance at Dec. 31, 2015		$ 311,145	$ 309,337	$ (49,184)	$ 7,806	$ 43,186
Increase (Decrease) in Partners' Capital [Roll Forward]
Stock Repurchased During Period, Value	$ (19,218)	(19,218)		(19,218)				$ (29)
FelCor restricted stock compensation		1,687		1,687
Contributions		68			68
Distributions		(15,107)		(14,747)	0	(360)
Allocation to redeemable units		(501)		(501)
Issuance of preferred equity - consolidated joint venture	598	598				598	$ 598
Net income (loss) and comprehensive income (loss)	(5,081)	(5,081)		(4,970)	(471)	360
Partners' Capital, Ending Balance at Mar. 31, 2016		273,591	309,337	(86,933)	7,403	43,784
Partners' Capital, Beginning Balance at Dec. 31, 2016		232,583	309,337	(128,040)	7,503	43,783
Increase (Decrease) in Partners' Capital [Roll Forward]
FelCor restricted stock compensation		1,188		1,188
Contributions		100			100
Distributions		(14,998)		(14,638)	0	(360)
Allocation to redeemable units		305		305
Net income (loss) and comprehensive income (loss)	$ (36,141)	(36,141)		(36,097)	(404)	360
Partners' Capital, Ending Balance at Mar. 31, 2017		$ 183,037	$ 309,337	$ (177,282)	$ 7,199	$ 43,783

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net loss and comprehensive loss	$ (36,141)	$ (5,081)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	27,838	29,183
Loss on sale of hotels	666	714
Amortization of deferred financing fees	1,046	867
Amortization of fixed stock and directors’ compensation	1,593	1,935
Equity in loss from unconsolidated entities	130	154
Distributions of income from unconsolidated entities	160	114
Impairment	24,838	0
Changes in assets and liabilities:
Accounts receivable	1,101	(6,777)
Other assets	(922)	(3,111)
Accrued expenses and other liabilities	5,655	1,655
Net cash flow provided by operating activities	25,964	19,653
Cash flows from investing activities:
Improvements and additions to hotels	(19,462)	(14,008)
Net payments related to asset sales	(812)	(466)
Change in restricted cash – investing	(2,828)	(3,395)
Insurance proceeds	0	94
Distributions from unconsolidated entities in excess of earnings	490	136
Net cash flow used in investing activities	(22,612)	(17,639)
Cash flows from financing activities:
Proceeds from borrowings	29,000	31,000
Repayment of borrowings	(13,717)	(496)
Payment of deferred financing fees	0	(10)
Contributions from noncontrolling interests	100	68
Distributions paid to FelCor LP limited partners	(38)	(36)
Distributions paid to preferred stockholders	(6,279)	(6,279)
Repurchase of common stock	0	(19,218)
Stock compensation withholding	(814)	(592)
Preferred distributions - consolidated joint venture	(360)	(360)
Distributions paid to common stockholders	(8,326)	(8,508)
Net proceeds from issuance of preferred equity - consolidated joint venture	0	598
Net cash flow used in financing activities	(434)	(3,833)
Effect of exchange rate changes on cash	0	(9)
Net change in cash and cash equivalents	2,918	(1,828)
Cash and cash equivalents at beginning of periods	47,317	59,786
Cash and cash equivalents at end of periods	50,235	57,958
Supplemental cash flow information – interest paid, net of capitalized interest	18,787	18,809
Supplemental cash flow information – income taxes paid	224	299
FelCor Lodging LP [Member]
Cash flows from operating activities:
Net loss and comprehensive loss	(36,141)	(5,081)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	27,838	29,183
Loss on sale of hotels	666	714
Amortization of deferred financing fees	1,046	867
Amortization of fixed stock and directors’ compensation	1,593	1,935
Equity in loss from unconsolidated entities	130	154
Distributions of income from unconsolidated entities	160	114
Impairment	24,838	0
Changes in assets and liabilities:
Accounts receivable	1,101	(6,777)
Other assets	(922)	(3,111)
Accrued expenses and other liabilities	5,655	1,655
Net cash flow provided by operating activities	25,964	19,653
Cash flows from investing activities:
Improvements and additions to hotels	(19,462)	(14,008)
Net payments related to asset sales	(812)	(466)
Change in restricted cash – investing	(2,828)	(3,395)
Insurance proceeds	0	94
Distributions from unconsolidated entities in excess of earnings	490	136
Net cash flow used in investing activities	(22,612)	(17,639)
Cash flows from financing activities:
Proceeds from borrowings	29,000	31,000
Repayment of borrowings	(13,717)	(496)
Payment of deferred financing fees	0	(10)
Contributions from noncontrolling interests	100	68
Distributions paid to FelCor LP limited partners	(38)	(36)
Distributions paid to preferred stockholders	(6,279)	(6,279)
Repurchase of common stock	0	(19,218)
Stock compensation withholding	(814)	(592)
Preferred distributions - consolidated joint venture	(360)	(360)
Distributions paid to common stockholders	(8,326)	(8,508)
Net proceeds from issuance of preferred equity - consolidated joint venture	0	598
Net cash flow used in financing activities	(434)	(3,833)
Effect of exchange rate changes on cash	0	(9)
Net change in cash and cash equivalents	2,918	(1,828)
Cash and cash equivalents at beginning of periods	47,317	59,786
Cash and cash equivalents at end of periods	50,235	57,958
Supplemental cash flow information – interest paid, net of capitalized interest	18,787	18,809
Supplemental cash flow information – income taxes paid	$ 224	$ 299

Organization

Organization	3 Months Ended
	Mar. 31, 2017
Organization [Abstract]
Organization	Organization FelCor Lodging Trust Incorporated (NYSE:FCH), or FelCor, is a Maryland corporation operating as a real estate investment trust, or REIT. FelCor is the sole general partner of, and the owner of a greater than 99.5% partnership interest in, FelCor Lodging Limited Partnership, or FelCor LP, through which we held ownership interests in 39 hotels as of March 31, 2017 . At March 31, 2017 , we had an aggregate of 139,018,793 shares and units outstanding, consisting of 138,408,610 shares of FelCor common stock and 610,183 FelCor LP units not owned by FelCor. Of our 39 hotels, as of March 31, 2017 , we owned 100% interests in 36 hotels, a 95% interest in one hotel (The Knickerbocker) and 50% interests in entities owning two hotels. We consolidate our real estate interests in the 37 hotels in which we hold majority interests, and we record the real estate interests of the two hotels in which we hold indirect 50% interests using the equity method. We lease 38 of the 39 hotels to our taxable REIT subsidiaries, of which we own a controlling interest. We operate one 50% owned hotel without a lease. Because we own controlling interests in our operating lessees, we consolidate our interests in all 38 leased hotels (which we refer to as our Consolidated Hotels) and reflect their operating revenues and expenses in our statements of operations and comprehensive income (loss). We own 50% of the real estate interest in one Consolidated Hotel (we account for our real estate interest in this hotel by the equity method) and majority real estate interests in our remaining 37 Consolidated Hotels (we consolidate our real estate interests in these hotels). The following table reflects the distribution by brand of our 38 Consolidated Hotels at March 31, 2017 : Brand Hotels Rooms Embassy Suites by Hilton ® 18 4,982 Wyndham ® and Wyndham Grand ® 8 2,528 Marriott ® and Renaissance ® 2 761 Holiday Inn ® 1 585 DoubleTree by Hilton ® and Hilton ® 3 802 Sheraton ® 2 673 Fairmont ® 1 383 The Knickerbocker ® 1 330 Morgans ® and Royalton ® 2 285 Total 38 11,329 At March 31, 2017 , our Consolidated Hotels were located in 14 states, with concentrations in California ( 10 hotels), Florida ( six hotels) and Massachusetts ( three hotels). We generated approximately 63% of our revenue from hotels in these three states during the first three months of 2017 . At March 31, 2017 , of our Consolidated Hotels: (i) subsidiaries of Hilton Worldwide managed 20 hotels; (ii) subsidiaries of Wyndham Worldwide managed eight hotels; (iii) subsidiaries of Marriott International managed four hotels; (iv) subsidiaries of InterContinental Hotels Group managed one hotel; (v) Fairmont, a subsidiary of AccorHotels Group, managed one hotel; (vi) a subsidiary of Highgate Hotels managed one hotel; (vii) a subsidiary of SBE (who acquired Morgans Hotel Group) managed two hotels; and (viii) Aimbridge Hospitality managed one hotel. 1. Organization — (continued) FelCor LP is a variable interest entity of FelCor. As FelCor LP is consolidated in the balance sheets of FelCor, the identification of this entity as a variable interest entity has no impact on the consolidated financial statements of FelCor. The information in our consolidated financial statements for the three months ended March 31, 2017 and 2016 is unaudited. Preparing financial statements in conformity with accounting principles generally accepted in the United States of America, or GAAP, requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The accompanying financial statements for the three months ended March 31, 2017 and 2016 , include adjustments based on management’s estimates (consisting of normal and recurring accruals), which we consider necessary for a fair statement of the results for the periods. The financial information should be read in conjunction with the consolidated financial statements for the year ended December 31, 2016 , included in our Annual Report on Form 10-K. Operating results for the three months ended March 31, 2017 are not necessarily indicative of actual operating results for the entire year.

Investment in Unconsolidated En

Investment in Unconsolidated Entities	3 Months Ended
	Mar. 31, 2017
Investment in Unconsolidated Entities [Abstract]
Investment in Unconsolidated Entities	Investment in Unconsolidated Entities At March 31, 2017 and December 31, 2016 , we owned 50% interests in joint ventures that owned two hotels. We also own 50% interests in entities that own real estate in Myrtle Beach, South Carolina and provide condominium management services at these locations. We account for our investments in these unconsolidated entities under the equity method. We consolidate all of our majority-owned subsidiaries in our financial statements. We make adjustments to our equity in income from unconsolidated entities related to the difference between our basis in investment in unconsolidated entities compared to the historical basis of the assets recorded by the joint ventures. The following table summarizes combined balance sheet information for our unconsolidated entities (in thousands): March 31, December 31, 2017 2016 Investment in hotels and other properties, net of accumulated depreciation $ 20,471 $ 20,898 Total assets $ 25,810 $ 27,052 Debt, net of unamortized debt issuance costs $ 21,933 $ 22,065 Total liabilities $ 24,437 $ 24,311 Equity $ 1,373 $ 2,741 Our unconsolidated entities’ debt at March 31, 2017 and December 31, 2016 consisted entirely of non-recourse mortgage debt. 2. Investment in Unconsolidated Entities — (continued) The following table sets forth summarized combined statement of operations information for our unconsolidated entities (in thousands): Three Months Ended March 31, 2017 2016 Total revenues $ 5,226 $ 5,503 Net loss $ (67 ) $ (114 ) Net loss attributable to FelCor $ (33 ) $ (57 ) Depreciation of cost in excess of book value (97 ) (97 ) Equity in loss from unconsolidated entities $ (130 ) $ (154 ) The following table summarizes the components of our investments in unconsolidated entities (in thousands): March 31, December 31, 2017 2016 Equity basis of hotel joint venture investments $ (4,645 ) $ (4,533 ) Cost of hotel investments in excess of joint venture book value 6,846 6,942 Equity basis of land and condominium joint venture investments 5,331 5,903 Investment in unconsolidated entities $ 7,532 $ 8,312 The following table summarizes the components of our equity in income from unconsolidated entities (in thousands): Three Months Ended March 31, 2017 2016 Hotel investments $ 441 $ 375 Other investments (571 ) (529 ) Equity in loss from unconsolidated entities $ (130 ) $ (154 )

Debt

Debt	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt	Debt Consolidated debt consisted of the following (dollars in thousands) at the dates shown: Encumbered Interest Maturity March 31, December 31, Hotels Rate (%) Date 2017 2016 Senior unsecured notes — 6.00 June 2025 $ 475,000 $ 475,000 Senior secured notes 9 5.625 March 2023 525,000 525,000 Mortgage debt (a) 4 4.95 October 2022 119,536 120,109 Mortgage debt 1 4.94 October 2022 30,040 30,184 Line of credit (b) 7 LIBOR + 2.75 June 2019 135,000 119,000 Mortgage debt (c) 1 LIBOR + 3.00 November 2017 85,000 85,000 Total 22 $ 1,369,576 $ 1,354,293 Unamortized debt issuance costs (15,389 ) (15,967 ) Debt, net of unamortized debt issuance costs $ 1,354,187 $ 1,338,326 (a) This debt is comprised of separate non-cross-collateralized loans, each secured by a mortgage encumbering a separate hotel. (b) Our line of credit can be extended for one year, subject to satisfying certain conditions. We may borrow up to $400 million under our line of credit. (c) This loan can be extended for one year, subject to satisfying certain conditions. We reported $19.3 million and $19.7 million of interest expense for the three months ended March 31, 2017 and 2016 , respectively, which is net of: (i) interest income of $33,000 and $12,000 and (ii) capitalized interest of $362,000 and $141,800 , respectively.

FelCor Capital Stock_FelCor LP

FelCor Capital Stock/FelCor LP Partners' Capital	3 Months Ended
	Mar. 31, 2017
FelCor Capital Stock/FelCor LP Partners' Capital [Abstract]
FelCor Capital Stock/FelCor LP Partners' Capital	FelCor Capital Stock/FelCor LP Partners’ Capital During the first three months of 2016, FelCor repurchased 2.9 million shares of common stock for $19.2 million (including commissions) at an average price of $6.49 per share. Since FelCor’s Board of Directors authorized the current $100 million repurchase program, which expires October 2017, FelCor has repurchased 6.6 million shares of common stock for $44.8 million (including commissions) at an average price of $6.78 per share. All repurchased shares have been retired and have been re-designated as authorized but unissued.

Hotel Operating Revenue, Depart

Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs	3 Months Ended
	Mar. 31, 2017
Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs [Abstract]
Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs	Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs Hotel operating revenue was comprised of the following (in thousands): Three Months Ended March 31, 2017 2016 Room revenue $ 144,933 $ 159,076 Food and beverage revenue 32,074 39,532 Other operating departments 10,689 10,849 Total hotel operating revenue $ 187,696 $ 209,457 Nearly all of our revenue is comprised of hotel operating revenues. These revenues are recorded net of any sales or occupancy taxes collected from our guests. We record all rebates or discounts, when allowed, as a reduction in revenue, and there are no material contingent obligations with respect to rebates or discounts offered by us. All revenues are recorded on an accrual basis, as earned. We make appropriate allowances for doubtful accounts, which we record as bad debt expense. The remainder of our revenue is from condominium management fee income and other sources. Hotel departmental expenses were comprised of the following (in thousands, except for percentages): Three Months Ended March 31, 2017 2016 Amount % of Total Hotel Operating Revenue Amount % of Total Hotel Operating Revenue Room $ 40,678 21.7 % $ 42,699 20.4 % Food and beverage 26,222 14.0 30,956 14.8 Other operating departments 3,533 1.8 3,783 1.8 Total hotel departmental expenses $ 70,433 37.5 % $ 77,438 37.0 % Other property-related costs were comprised of the following amounts (in thousands, except for percentages): Three Months Ended March 31, 2017 2016 Amount % of Total Hotel Operating Revenue Amount % of Total Hotel Operating Revenue Hotel general and administrative expense $ 18,564 9.9 % $ 20,458 9.8 % Marketing 17,371 9.3 18,873 9.0 Repair and maintenance 8,829 4.7 9,705 4.6 Utilities 6,091 3.2 6,530 3.1 Total other property-related costs $ 50,855 27.1 % $ 55,566 26.5 % Wyndham guarantees minimum levels of annual net operating income at each of the hotels it manages for us. W e recorded $1.0 million and $48,000 with respect to the pro rata portions of the projected aggregate full-year guaranties for the three months ended March 31, 2017 and 2016 , respectively. We record these amounts as a reduction of Wyndham's contractual management and other fees.

Taxes, Insurance and Lease Expe

Taxes, Insurance and Lease Expense	3 Months Ended
	Mar. 31, 2017
Taxes, Insurance and Lease Expenses [Abstract]
Taxes, Insurance and Lease Expense	Taxes, Insurance and Lease Expense Taxes, insurance and lease expense were comprised of the following (in thousands): Three Months Ended March 31, 2017 2016 Hotel lease expense (a) $ 815 $ 802 Land lease expense (b) 3,404 3,262 Real estate and other taxes 7,915 7,575 Property insurance, general liability insurance and other 1,768 1,943 Total taxes, insurance and lease expense $ 13,902 $ 13,582 (a) We record hotel lease expense for the consolidated operating lessees of hotels owned by unconsolidated entities and partially offset this expense through noncontrolling interests in other partnerships (generally 49% ). We record our 50% share of the corresponding lease income through equity in income (loss) from unconsolidated entities. There was no percentage rent included in hotel lease expense for the three months ended March 31, 2017 and 2016 . (b) We include in land lease expense percentage rent of $1.3 million and $1.1 million for the three months ended March 31, 2017 and 2016 , respectively.

Impairment

Impairment	3 Months Ended
	Mar. 31, 2017
Impairment Charges [Abstract]
Asset Impairment Charges [Text Block]	Impairment Charges Our hotels are comprised of operations and cash flows that can clearly be distinguished, operationally, and for financial reporting purposes, from the remainder of our operations. Accordingly, we consider our hotels to be components for purposes of determining impairment charges. We test for impairment whenever changes in circumstances indicate a hotel’s carrying value may not be recoverable. We conduct the test using undiscounted cash flows for the shorter of the hotel’s estimated hold period or its remaining useful life. When testing for recoverability of hotels held for investment, we use projected cash flows over its expected hold period. Those hotels held for investment that fail the impairment test are written down to their then current estimated fair value, before any selling expense, and we continue to depreciate the hotels over their remaining useful lives. In March 2017, we recorded a $24.8 million impairment charge for a hotel. The impairment charge was based on both third-party offers to purchase the hotel and observable market data on a price per room basis from transactions involving hotels in similar locations (a Level 2 input under authoritative guidance for fair value measurements). We may record additional impairment charges if operating results of individual hotels are materially different from our forecasts, the economy and lodging industry weakens, or we shorten our contemplated holding period for additional hotels.

Hotel Dispositions

Hotel Dispositions	3 Months Ended
	Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Hotel Dispositions	Hotel Dispositions In 2016, we sold two hotels. We included operations for the sold hotels in income (loss) from continuing operations as shown in the statements of operations and comprehensive income (loss) for the three months ended March 31, 2016 , as disposition of these hotels did not represent a strategic shift in our business. Additionally, we included selling costs, which we expense as they are incurred, in the gain (loss) on the sale of hotels. We designate a hotel as held for sale when the sale is probable within the next twelve months. Generally, we consider a sale to be probable when a buyer completes its due diligence review, we have an executed contract for sale and we have received a substantial non-refundable deposit. There were no hotels held for sale at March 31, 2017 or 2016. Subsequent to March 31, 2017, two hotels became held for sale, both of which are expected to close in the third quarter. Based on the expected selling costs for the transactions, we estimate additional impairments of $9.5 million in the second quarter of 2017. The following table includes condensed financial information primarily related to hotels sold in 2016 included in continuing operations (in thousands): Three Months Ended March 31, 2017 2016 Hotel operating revenue $ 274 $ 19,017 Operating expenses (128 ) (14,652 ) Operating income from continuing operations 146 4,365 Loss on sale of hotels (666 ) (714 ) Net income (loss) (520 ) 3,651 Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP 3 (16 ) Net income (loss) attributable to FelCor $ (517 ) $ 3,635

Income (Loss) Per Share_Unit

Income (Loss) Per Share/Unit	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Income (loss) Per Share/Unit	Loss Per Share/Unit The following tables set forth the computation of basic and diluted loss per share/unit (in thousands, except per share/unit data): FelCor Loss Per Share Three Months Ended March 31, 2017 2016 Numerator: Net loss attributable to FelCor $ (35,911 ) $ (4,922 ) Less: Preferred dividends (6,279 ) (6,279 ) Less: Dividends declared on unvested restricted stock (37 ) (38 ) Numerator for basic and diluted loss attributable to FelCor common stockholders $ (42,227 ) $ (11,239 ) Denominator: Denominator for basic and diluted loss per share 137,778 139,678 Basic and diluted loss per share data: Net loss $ (0.31 ) $ (0.08 ) FelCor LP Loss Per Unit Three Months Ended March 31, 2017 2016 Numerator: Net loss attributable to FelCor LP $ (36,097 ) $ (4,970 ) Less: Preferred distributions (6,279 ) (6,279 ) Less: Distributions declared on FelCor unvested restricted stock (37 ) (38 ) Numerator for basic and diluted loss attributable to FelCor common unitholders $ (42,413 ) $ (11,287 ) Denominator: Denominator for basic and diluted loss per unit 138,388 140,289 Basic and diluted loss per unit data: Net loss $ (0.31 ) $ (0.08 ) The loss from continuing operations attributable to FelCor/FelCor LP share/unit in the above calculations includes the net loss on sale of hotels attributable to FelCor/FelCor LP. 9. Loss Per Share/Unit — (continued) Securities that could potentially dilute earnings (loss) per share/unit in the future that were not included in the computation of diluted income (loss) per share/unit, because they would have been antidilutive for the periods presented, are as follows (in thousands): Three Months Ended March 31, 2017 2016 Series A convertible preferred shares/units 9,984 9,984 FelCor restricted stock units, less shares assumed purchased at market 207 619 Series A preferred dividends (distributions) that would be excluded from net income (loss) attributable to FelCor common stockholders (or FelCor LP common unitholders), if these preferred shares/units were dilutive, were $6.3 million for the three months ended March 31, 2017 and 2016 . We grant our executive officers restricted stock units each year, which provides them with the potential to earn shares of our common stock. We amortize the fixed cost of these grants over the vesting period. We calculate the potential dilutive impact of these awards on our earnings per share using the treasury stock method.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments We base disclosures about fair value of our financial instruments on pertinent information available to management as of March 31, 2017 and December 31, 2016 . We exercise considerable judgment when interpreting market data and developing estimated fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts that we could realize on disposition of the financial instruments. Different market assumptions and/or estimation methodologies may have a material effect on estimated fair value amounts. We base our estimates of the fair value of: (i) cash and cash equivalents, restricted cash, accounts receivable, accounts payable and accrued expenses on their carrying values due to their relatively short maturity; (ii) our debt for which trading prices are publicly available on observable market data (a Level 2 input) (that debt had an estimated fair value of $1.0 billion at March 31, 2017 and December 31, 2016 ); and (iii) our debt for which trading prices are not publicly available on a discounted cash flow model using effective borrowing rates for debt with similar terms, loan to estimated fair value of collateral and remaining maturities (a Level 3 input) (that debt had an estimated fair value of $377.6 million and $364.6 million at March 31, 2017 and December 31, 2016 , respectively). The estimated fair value of all our debt was $1.4 billion at March 31, 2017 and December 31, 2016 . The carrying value of our debt was $1.4 billion and $1.3 billion at March 31, 2017 and December 31, 2016 , respectively.

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interests in FelCor LP/Redeemable Units	3 Months Ended
	Mar. 31, 2017
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interests in FelCor LP / Redeemable Units	Redeemable Noncontrolling Interests in FelCor LP/Redeemable Units We record redeemable noncontrolling interests in FelCor LP, in the case of FelCor, and redeemable units, in the case of FelCor LP, in the mezzanine section (between liabilities and equity or partners’ capital) of our consolidated balance sheets because of the redemption feature of these units. Additionally, FelCor’s consolidated statements of operations and comprehensive income (loss) separately present earnings attributable to redeemable noncontrolling interests. We adjust redeemable noncontrolling interests in FelCor LP (or redeemable units) each period to reflect the greater of its carrying value based on the accumulation of historical cost or its redemption value. We base the historical cost on the proportionate relationship between the carrying value of equity associated with FelCor’s common stockholders relative to that of FelCor LP’s unitholders. We base redemption value on the closing price of FelCor’s common stock at period end. FelCor allocates net income (loss) to FelCor LP’s noncontrolling partners based on their weighted average ownership percentage during the period. At March 31, 2017 , we carried 610,183 outstanding limited partnership units at $4.6 million . We base the value of these outstanding units on the closing price of FelCor’s common stock at March 31, 2017 ( $7.51 per share). Changes in redeemable noncontrolling interests (or redeemable units) for the three months ended March 31, 2017 and 2016 are shown below (in thousands): Three Months Ended March 31, 2017 2016 Balance at beginning of period $ 4,888 $ 4,464 Redemption value allocation (81 ) 585 Distributions paid to unitholders (38 ) (36 ) Net loss (186 ) (48 ) Balance at end of period $ 4,583 $ 4,965

Consolidated Joint Venture Pref

Consolidated Joint Venture Preferred Equity/Capital Consolidated Joint Venture Preferred Equity/Capital	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Consolidated Joint Venture Preferred Equity/Capital	Consolidated Joint Venture Preferred Equity/Capital Our joint venture that redeveloped The Knickerbocker raised $45 million through the sale of redeemable preferred equity under the EB-5 Immigrant Investor Program. The purchasers receive a 3.25% current annual return (which increases to 8% if we do not redeem this equity interest before the fifth anniversary of its issuance), plus a 0.25% non-compounding annual return payable at redemption. To date, the venture has received $44.4 million in gross proceeds ( $43.8 million net of issuance costs), including $600,000 in gross proceeds received in the first three months of 2016. The venture will receive the remaining $600,000 if additional investors’ visas are approved.

Contingency

Contingency	3 Months Ended
	Mar. 31, 2017
Contingency [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Contingency In April 2016, an affiliate of InterContinental Hotels Group PLC, or IHG, which had formerly operated three hotels on our behalf ( two of which we sold in 2006, and one of which we converted to Wyndham operation and brand in 2013), notified us that the pension fund in which the employees at those hotels had participated has assessed $8.3 million in withdrawal liability in connection with the termination of IHG’s operation of those hotels. Under our hotel management agreements with IHG, we may be obligated to indemnify and hold IHG harmless for some or all of any amount ultimately contributed to the pension fund with respect to these hotels. 13. Contingency — (continued) Because of the rules and regulations governing the pension trust, we have paid $1.4 million (of which $285,000 was paid in the first quarter of 2017 ) through March 31, 2017 and expect to continue making such payments, on a quarterly basis, while the dispute is ongoing, subject to an overall contribution limit corresponding to the amount sought by the pension trust. While we aggressively oppose the pension trust’s position, we believe that resolution of this matter may not occur until mid-2018. Accordingly, in the third quarter of 2016, we accrued approximately $2.3 million for payments to be made through that time. The accrual recorded in the third quarter of 2016, in addition to payments made prior to that time, was recorded as a loss on the sale of hotels included in discontinued operations (because it primarily relates to hotels sold prior to 2013). Despite these payments and accruals, we believe that (i) the pension trust was in error in assessing the withdrawal liability in this situation and (ii) even if the pension trust was not in error, we are not responsible for a significant portion (or perhaps any) of the withdrawal liability assessed by the pension trust for other reasons and that we are likely to recover a significant portion (if not all) of what we have paid, and may pay in the future, to the pension trust with respect to its claim. Consequently, we are vigorously disputing the underlying claims and, if appropriate, IHG’s demand for indemnification. The matter involves significant legal, actuarial and factual analysis with respect to each hotel, and we have not determined whether any loss to us is probable or that any such loss is estimable (other than the payments and accrual noted in the previous paragraph, for which we intend to seek recovery).

Recently Issue Accounting Stand

Recently Issue Accounting Standards	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may u se either a full retrospective or a modified retrospective approach. Additionally, this guidance requires improved disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is effective for the first interim period within annual reporting periods beginning after December 15, 2017, and early adoption is permitted but not before the original effective date (for annual reporting periods beginning after December 15, 2016). The Company expects to adopt this guidance on January 1, 2018, on a modified retrospective basis. Based on the company’s assessment of this standard, it is not expected to have a material effect on the amount of revenue, or the timing of recognizing revenue, from our hotel operations. In February 2016, the FASB issued ASU 2016-02 - Leases (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e., lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to 14. Recently Issued Accounting Standards — (continued) account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact our consolidated financial statements as we have certain operating lease arrangements. ASC 842 supersedes the previous leases standard, ASC 840 Leases. The standard is effective on January 1, 2019, with early adoption permitted. While we are still in the process of evaluating the impact of this new guidance, we do expect that the application of this standard will result in the recording of a right-of-use asset and a related lease liability on our ground leases. In August 2016, the FASB issued ASU 2016-18, Restricted Cash, which addresses classification issues related to the statement of cash flows which may impact our classification of cash activity related to restricted cash. The standard is effective for fiscal years beginning after December 15, 2017, with early adoption permitted.

Proposed Merger

Proposed Merger	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Proposed Merger	Proposed Merger On April 23, 2017, FelCor, FelCor LP, RLJ Lodging Trust (“RLJ”), RLJ Lodging Trust, L.P. (the “Operating Partnership”) and certain subsidiaries thereof entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”). The Merger Agreement provides for the merger of an indirect wholly-owned subsidiary of the Operating Partnership with and into FelCor LP, with FelCor LP surviving as a wholly-owned subsidiary of the Operating Partnership (the “Partnership Merger”), and immediately thereafter, the merger of FelCor with and into another wholly-owned subsidiary of the Operating Partnership, with such subsidiary surviving as a wholly-owned subsidiary of the Operating Partnership (the “REIT Merger” and, together with the Partnership Merger, the “Mergers”). The Mergers are expected to close by the end of 2017. At the effective time of the REIT Merger, each outstanding share of FelCor common stock will be converted into the right to receive 0.362 (the “Common Exchange Ratio”) common shares of RLJ, and each share of FelCor Series A preferred stock will be converted into the right to receive one share of newly created Series A cumulative convertible preferred shares of RLJ with equivalent terms and conditions as the existing FelCor Series A preferred stock. Each external limited partner of FelCor LP will be entitled to redeem or exchange its outstanding common limited partnership units in FelCor LP for shares of FelCor common stock, which will in turn be converted into the right to receive RLJ common shares. Each outstanding FelCor LP common unit of any holder who does not make the foregoing election will be converted into the right to receive a number of common limited partnership units in the Operating Partnership based on the Common Exchange Ratio. Immediately preceding the Mergers, each outstanding share of FelCor restricted stock and each outstanding restricted stock unit of FelCor will vest in accordance with the applicable award agreement, and the holders of such vested shares will receive common shares of RLJ in exchange therefor based on the Common Exchange Ratio. The parties to the Merger Agreement have made certain customary representations and warranties in the Merger Agreement and have agreed to customary covenants, including a “no-shop” provision. The completion of the Mergers is subject to customary closing conditions, including the approval of the REIT Merger by FelCor’s stockholders and approval of the issuance of RLJ common shares by RLJ’s shareholders. The Merger Agreement may be terminated under certain circumstances, including by either 15. Proposed Merger — (continued) party if the Mergers have not been consummated on or before December 28, 2017. In connection with the termination of the Merger Agreement under specified circumstances, RLJ may be required to pay to FelCor a termination fee of $95 million and/or reimburse FelCor’s transaction expenses in an amount equal to $20 million , or FelCor may be required to pay to RLJ a termination fee of $39 million and/or reimburse RLJ’s transaction expenses in an amount equal to $20 million . If either party pays the expense reimbursement amount and subsequently becomes obligated to pay the termination fee, the termination fee is reduced by the expense reimbursement amount previously paid. For more information regarding the Mergers and the Merger Agreement, see our Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 25, 2017. The Mergers are subject to certain risks and uncertainties, and we cannot assure you that we will be able to complete the Merger on the expected timeline or at all. See “Item 1A. Risk Factors” included elsewhere in this Quarterly Report on Form 10-Q.

FelCor LP's Consolidating Finan

FelCor LP's Consolidating Financial Information	3 Months Ended
	Mar. 31, 2017
FelCor Lodging LP [Member]
Guarantor Obligations [Line Items]
FelCor LP's Consolidating Financial Information	FelCor LP’s Consolidating Financial Information Certain of FelCor LP’s 100% owned subsidiaries (FCH/PSH, L.P.; FelCor/CMB Buckhead Hotel, L.L.C.; FelCor/CMB Marlborough Hotel, L.L.C.; FelCor/CMB Orsouth Holdings, L.P.; FelCor/CMB SSF Holdings, L.P.; FelCor/CSS Holdings, L.P.; FelCor Dallas Love Field Owner, L.L.C.; FelCor Milpitas Owner, L.L.C.; FelCor TRS Borrower 4, L.L.C.; FelCor TRS Holdings, L.L.C.; FelCor Hotel Asset Company, L.L.C.; FelCor St. Pete (SPE), L.L.C.; FelCor Esmeralda (SPE), L.L.C.; FelCor S-4 Hotels (SPE), L.L.C.; Madison 237 Hotel, L.L.C.; Myrtle Beach Owner, L.L.C.; and Royalton 44 Hotel, L.L.C., collectively, “Subsidiary Guarantors”), together with FelCor, guaranty, fully and unconditionally, except where subject to customary release provisions as described below, and jointly and severally, our senior debt. The guaranties by the Subsidiary Guarantors may be automatically and unconditionally released upon (i) the sale or other disposition of all of the capital stock of the Subsidiary Guarantor or the sale or disposition of all or substantially all of the assets of the Subsidiary Guarantor, if, in each case, as a result of such sale or disposition, such Subsidiary Guarantor ceases to be a subsidiary of FelCor LP, (ii) the consolidation or merger of any such Subsidiary Guarantor with any person other than FelCor LP, or a subsidiary of FelCor LP, if, as a result of such consolidation or merger, such Subsidiary Guarantor ceases to be a subsidiary of FelCor LP, (iii) a legal defeasance or covenant defeasance of the indenture, (iv) the unconditional and complete release of such Subsidiary Guarantor in accordance with the modification and waiver provisions of the indenture, or (v) the designation of a restricted subsidiary that is a Subsidiary Guarantor as an unrestricted subsidiary under and in compliance with the indenture. 16. FelCor LP’s Consolidating Financial Information — (continued) The following tables present consolidating information for the Subsidiary Guarantors. FELCOR LODGING LIMITED PARTNERSHIP CONDENSED CONSOLIDATING BALANCE SHEET March 31, 2017 (in thousands) FelCor LP Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Total Consolidated Net investment in hotels $ — $ 459,587 $ 1,076,131 $ — $ 1,535,718 Equity investment in consolidated entities 1,136,432 — — (1,136,432 ) — Investment in unconsolidated entities 2,200 4,125 1,207 — 7,532 Cash and cash equivalents 18,723 27,586 3,926 — 50,235 Restricted cash — 17,436 4,883 — 22,319 Accounts receivable, net 1,934 33,171 5,871 — 40,976 Deferred expenses, net — — 4,059 — 4,059 Other assets 4,610 11,104 3,612 — 19,326 Total assets $ 1,163,899 $ 553,009 $ 1,099,689 $ (1,136,432 ) $ 1,680,165 Debt, net $ 986,166 $ — $ 407,457 $ (39,436 ) $ 1,354,187 Distributions payable 14,729 — 124 — 14,853 Accrued expenses and other liabilities 26,366 89,012 8,127 — 123,505 Total liabilities 1,027,261 89,012 415,708 (39,436 ) 1,492,545 Redeemable units, at redemption value 4,583 — — — 4,583 Preferred units 309,337 — — — 309,337 Common units (177,282 ) 465,118 631,878 (1,096,996 ) (177,282 ) Total FelCor LP partners’ capital 132,055 465,118 631,878 (1,096,996 ) 132,055 Noncontrolling interests — (1,121 ) 8,320 — 7,199 Preferred capital in consolidated joint venture — — 43,783 — 43,783 Total partners’ capital 132,055 463,997 683,981 (1,096,996 ) 183,037 Total liabilities and partners’ capital $ 1,163,899 $ 553,009 $ 1,099,689 $ (1,136,432 ) $ 1,680,165 16. FelCor LP’s Consolidating Financial Information — (continued) FELCOR LODGING LIMITED PARTNERSHIP CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2016 (in thousands) FelCor LP Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Total Consolidated Net investment in hotels $ — $ 488,528 $ 1,078,295 $ — $ 1,566,823 Equity investment in consolidated entities 1,190,737 — — (1,190,737 ) — Investment in unconsolidated entities 2,410 4,800 1,102 — 8,312 Cash and cash equivalents 13,532 29,141 4,644 — 47,317 Restricted cash — 16,433 3,058 — 19,491 Accounts receivable, net 2,804 33,338 5,938 — 42,080 Deferred expenses, net — — 4,527 — 4,527 Other assets 5,634 10,009 2,899 — 18,542 Total assets $ 1,215,117 $ 582,249 $ 1,100,463 $ (1,190,737 ) $ 1,707,092 Debt, net $ 985,767 $ — $ 391,995 $ (39,436 ) $ 1,338,326 Distributions payable 14,734 — 124 — 14,858 Accrued expenses and other liabilities 28,431 79,439 8,567 — 116,437 Total liabilities 1,028,932 79,439 400,686 (39,436 ) 1,469,621 Redeemable units, at redemption value 4,888 — — — 4,888 Preferred units 309,337 — — — 309,337 Common units (128,040 ) 503,765 647,536 (1,151,301 ) (128,040 ) Total FelCor LP partners’ capital 181,297 503,765 647,536 (1,151,301 ) 181,297 Noncontrolling interests — (955 ) 8,458 — 7,503 Preferred capital in consolidated joint venture — — 43,783 — 43,783 Total partners’ capital 181,297 502,810 699,777 (1,151,301 ) 232,583 Total liabilities and partners’ capital $ 1,215,117 $ 582,249 $ 1,100,463 $ (1,190,737 ) $ 1,707,092 . FelCor LP’s Consolidating Financial Information — (continued) FELCOR LODGING LIMITED PARTNERSHIP CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS For the Three Months Ended March 31, 2017 (in thousands) FelCor LP Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Total Consolidated Revenues: Hotel operating revenue $ — $ 187,696 $ — $ — $ 187,696 Percentage lease revenue — — 38,044 (38,044 ) — Other revenue 4 343 61 — 408 Total revenues 4 188,039 38,105 (38,044 ) 188,104 Expenses: Hotel operating expenses — 128,838 — — 128,838 Taxes, insurance and lease expense 40 45,952 5,954 (38,044 ) 13,902 Corporate expenses — 3,630 3,310 — 6,940 Depreciation and amortization 115 10,858 16,865 — 27,838 Impairment — 24,838 — — 24,838 Other expenses 473 741 46 — 1,260 Total operating expenses 628 214,857 26,175 (38,044 ) 203,616 Operating loss (624 ) (26,818 ) 11,930 — (15,512 ) Interest expense, net (14,453 ) 15 (4,848 ) — (19,286 ) Loss before equity in loss from unconsolidated entities (15,077 ) (26,803 ) 7,082 — (34,798 ) Equity in loss from consolidated entities (21,435 ) — — 21,435 — Equity in loss from unconsolidated entities 441 (560 ) (11 ) — (130 ) Loss from continuing operations before income tax (36,071 ) (27,363 ) 7,071 21,435 (34,928 ) Income tax (26 ) (521 ) — — (547 ) Loss from continuing operations before loss on sale of hotels (36,097 ) (27,884 ) 7,071 21,435 (35,475 ) Loss on sale of hotels — (526 ) (140 ) — (666 ) Net loss and comprehensive loss (36,097 ) (28,410 ) 6,931 21,435 (36,141 ) Loss attributable to noncontrolling interests — 266 138 — 404 Preferred distributions - consolidated joint venture — — (360 ) — (360 ) Net loss and comprehensive loss attributable to FelCor LP (36,097 ) (28,144 ) 6,709 21,435 (36,097 ) Preferred distributions (6,279 ) — — — (6,279 ) Net loss attributable to FelCor LP common unitholders $ (42,376 ) $ (28,144 ) $ 6,709 $ 21,435 $ (42,376 ) 16. FelCor LP’s Consolidating Financial Information — (continued) FELCOR LODGING LIMITED PARTNERSHIP CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS For the Three Months Ended March 31, 2016 (in thousands) FelCor LP Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Total Consolidated Revenues: Hotel operating revenue $ — $ 209,457 $ — $ — $ 209,457 Percentage lease revenue — — 43,545 (43,545 ) — Other revenue 186 432 69 — 687 Total revenues 186 209,889 43,614 (43,545 ) 210,144 Expenses: Hotel operating expenses — 142,229 — — 142,229 Taxes, insurance and lease expense 27 51,484 5,616 (43,545 ) 13,582 Corporate expenses — 4,335 4,065 — 8,400 Depreciation and amortization 51 11,997 17,135 — 29,183 Other expenses 232 553 43 — 828 Total operating expenses 310 210,598 26,859 (43,545 ) 194,222 Operating income (124 ) (709 ) 16,755 — 15,922 Interest expense, net (14,661 ) 9 (5,068 ) — (19,720 ) Loss before equity in loss from unconsolidated entities (14,785 ) (700 ) 11,687 — (3,798 ) Equity in income from consolidated entities 9,867 — — (9,867 ) — Equity in loss from unconsolidated entities 64 (207 ) (11 ) — (154 ) Loss from continuing operations before income tax (4,854 ) (907 ) 11,676 (9,867 ) (3,952 ) Income tax (116 ) (299 ) — — (415 ) Loss from continuing operations before loss on sale of hotels (4,970 ) (1,206 ) 11,676 (9,867 ) (4,367 ) Loss on sale of hotels — (457 ) (257 ) — (714 ) Net loss and comprehensive loss (4,970 ) (1,663 ) 11,419 (9,867 ) (5,081 ) Loss attributable to noncontrolling interests — 369 102 — 471 Preferred distributions - consolidated joint venture — — (360 ) — (360 ) Net loss and comprehensive loss attributable to FelCor LP (4,970 ) (1,294 ) 11,161 (9,867 ) (4,970 ) Preferred distributions (6,279 ) — — — (6,279 ) Net loss attributable to FelCor LP common unitholders $ (11,249 ) $ (1,294 ) $ 11,161 $ (9,867 ) $ (11,249 ) 16. FelCor LP’s Consolidating Financial Information — (continued) FELCOR LODGING LIMITED PARTNERSHIP CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 31, 2017 (in thousands) FelCor LP Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Total Consolidated Operating activities: Cash flows from operating activities $ (16,563 ) $ 17,875 $ 24,652 $ — $ 25,964 Investing activities: Improvements and additions to hotels 2 (5,719 ) (13,745 ) — (19,462 ) Net payments related to asset sales (306 ) (406 ) (100 ) — (812 ) Change in restricted cash - investing — (1,002 ) (1,826 ) — (2,828 ) Distributions from unconsolidated entities 490 — — — 490 Intercompany financing 37,025 — — (37,025 ) — Cash flows from investing activities 37,211 (7,127 ) (15,671 ) (37,025 ) (22,612 ) Financing activities: Proceeds from borrowings — — 29,000 — 29,000 Repayment of borrowings — — (13,717 ) — (13,717 ) Contributions from noncontrolling interests — 100 — — 100 Distributions paid to preferred unitholders (6,279 ) — — — (6,279 ) Distributions paid to common unitholders (8,326 ) — — — (8,326 ) Intercompany financing — (12,403 ) (24,622 ) 37,025 — Other (852 ) — (360 ) — (1,212 ) Cash flows from financing activities (15,457 ) (12,303 ) (9,699 ) 37,025 (434 ) Change in cash and cash equivalents 5,191 (1,555 ) (718 ) — 2,918 Cash and cash equivalents at beginning of period 13,532 29,141 4,644 — 47,317 Cash and cash equivalents at end of period $ 18,723 $ 27,586 $ 3,926 $ — $ 50,235 16. FelCor LP’s Consolidating Financial Information — (continued) FELCOR LODGING LIMITED PARTNERSHIP CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 31, 2016 (in thousands) FelCor LP Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Total Consolidated Operating activities: Cash flows from operating activities $ (16,847 ) $ 7,399 $ 29,101 $ — $ 19,653 Investing activities: Improvements and additions to hotels 3 (6,104 ) (7,907 ) — (14,008 ) Net payments related to asset sales (66 ) (278 ) (122 ) — (466 ) Insurance proceeds — — 94 — 94 Change in restricted cash - investing — (1,627 ) (1,768 ) — (3,395 ) Distributions from unconsolidated entities 136 — — — 136 Intercompany financing 51,999 — — (51,999 ) — Cash flows from investing activities 52,072 (8,009 ) (9,703 ) (51,999 ) (17,639 ) Financing activities: Proceeds from borrowings — — 31,000 — 31,000 Repayment of borrowings — — (496 ) — (496 ) Payment of deferred financing fees — — (10 ) — (10 ) Distributions paid to preferred unitholders (6,279 ) — — — (6,279 ) Distributions paid to common unitholders (8,508 ) — — — (8,508 ) Repurchase of common units (19,218 ) — — — (19,218 ) Contributions from noncontrolling interests — 68 — — 68 Net proceeds from issuance of preferred capital- consolidated joint venture — — 598 — 598 Intercompany financing — 1,743 (53,742 ) 51,999 — Other (628 ) — (360 ) — (988 ) Cash flows from financing activities (34,633 ) 1,811 (23,010 ) 51,999 (3,833 ) Effect of exchange rate changes on cash — — (9 ) — (9 ) Change in cash and cash equivalents 592 1,201 (3,621 ) — (1,828 ) Cash and cash equivalents at beginning of period 21,219 33,873 4,694 — 59,786 Cash and cash equivalents at end of period $ 21,811 $ 35,074 $ 1,073 $ — $ 57,958

Organization (Tables)

Organization (Tables)	3 Months Ended
	Mar. 31, 2017
Organization [Abstract]
Schedule of Distribution of Consolidated Hotels	The following table reflects the distribution by brand of our 38 Consolidated Hotels at March 31, 2017 : Brand Hotels Rooms Embassy Suites by Hilton ® 18 4,982 Wyndham ® and Wyndham Grand ® 8 2,528 Marriott ® and Renaissance ® 2 761 Holiday Inn ® 1 585 DoubleTree by Hilton ® and Hilton ® 3 802 Sheraton ® 2 673 Fairmont ® 1 383 The Knickerbocker ® 1 330 Morgans ® and Royalton ® 2 285 Total 38 11,329

Investment in Unconsolidated 26

Investment in Unconsolidated Entities (Tables)	3 Months Ended
	Mar. 31, 2017
Investment in Unconsolidated Entities [Abstract]
Schedule of Combined Balance Sheet Information of Unconsolidated Entities	The following table summarizes combined balance sheet information for our unconsolidated entities (in thousands): March 31, December 31, 2017 2016 Investment in hotels and other properties, net of accumulated depreciation $ 20,471 $ 20,898 Total assets $ 25,810 $ 27,052 Debt, net of unamortized debt issuance costs $ 21,933 $ 22,065 Total liabilities $ 24,437 $ 24,311 Equity $ 1,373 $ 2,741
Schedule of Combined Statement of Operations Information of Unconsolidated Entities	The following table sets forth summarized combined statement of operations information for our unconsolidated entities (in thousands): Three Months Ended March 31, 2017 2016 Total revenues $ 5,226 $ 5,503 Net loss $ (67 ) $ (114 ) Net loss attributable to FelCor $ (33 ) $ (57 ) Depreciation of cost in excess of book value (97 ) (97 ) Equity in loss from unconsolidated entities $ (130 ) $ (154 )
Schedule of Components of Investment In Unconsolidated Entities	The following table summarizes the components of our investments in unconsolidated entities (in thousands): March 31, December 31, 2017 2016 Equity basis of hotel joint venture investments $ (4,645 ) $ (4,533 ) Cost of hotel investments in excess of joint venture book value 6,846 6,942 Equity basis of land and condominium joint venture investments 5,331 5,903 Investment in unconsolidated entities $ 7,532 $ 8,312
Schedule of Components of Equity In Income (Loss) from Unconsolidated Entities	The following table summarizes the components of our equity in income from unconsolidated entities (in thousands): Three Months Ended March 31, 2017 2016 Hotel investments $ 441 $ 375 Other investments (571 ) (529 ) Equity in loss from unconsolidated entities $ (130 ) $ (154 )

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Debt	Consolidated debt consisted of the following (dollars in thousands) at the dates shown: Encumbered Interest Maturity March 31, December 31, Hotels Rate (%) Date 2017 2016 Senior unsecured notes — 6.00 June 2025 $ 475,000 $ 475,000 Senior secured notes 9 5.625 March 2023 525,000 525,000 Mortgage debt (a) 4 4.95 October 2022 119,536 120,109 Mortgage debt 1 4.94 October 2022 30,040 30,184 Line of credit (b) 7 LIBOR + 2.75 June 2019 135,000 119,000 Mortgage debt (c) 1 LIBOR + 3.00 November 2017 85,000 85,000 Total 22 $ 1,369,576 $ 1,354,293 Unamortized debt issuance costs (15,389 ) (15,967 ) Debt, net of unamortized debt issuance costs $ 1,354,187 $ 1,338,326 (a) This debt is comprised of separate non-cross-collateralized loans, each secured by a mortgage encumbering a separate hotel. (b) Our line of credit can be extended for one year, subject to satisfying certain conditions. We may borrow up to $400 million under our line of credit. (c) This loan can be extended for one year, subject to satisfying certain conditions.

Hotel Operating Revenue, Depa28

Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs (Tables)	3 Months Ended
	Mar. 31, 2017
Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs [Abstract]
Schedule of Hotel Operating Revenue	Hotel operating revenue was comprised of the following (in thousands): Three Months Ended March 31, 2017 2016 Room revenue $ 144,933 $ 159,076 Food and beverage revenue 32,074 39,532 Other operating departments 10,689 10,849 Total hotel operating revenue $ 187,696 $ 209,457
Schedule of Hotel Departmental Expenses	Hotel departmental expenses were comprised of the following (in thousands, except for percentages): Three Months Ended March 31, 2017 2016 Amount % of Total Hotel Operating Revenue Amount % of Total Hotel Operating Revenue Room $ 40,678 21.7 % $ 42,699 20.4 % Food and beverage 26,222 14.0 30,956 14.8 Other operating departments 3,533 1.8 3,783 1.8 Total hotel departmental expenses $ 70,433 37.5 % $ 77,438 37.0 %
Schedule of Other Property-Related Costs	Other property-related costs were comprised of the following amounts (in thousands, except for percentages): Three Months Ended March 31, 2017 2016 Amount % of Total Hotel Operating Revenue Amount % of Total Hotel Operating Revenue Hotel general and administrative expense $ 18,564 9.9 % $ 20,458 9.8 % Marketing 17,371 9.3 18,873 9.0 Repair and maintenance 8,829 4.7 9,705 4.6 Utilities 6,091 3.2 6,530 3.1 Total other property-related costs $ 50,855 27.1 % $ 55,566 26.5 %

Taxes, Insurance and Lease Ex29

Taxes, Insurance and Lease Expense (Tables)	3 Months Ended
	Mar. 31, 2017
Taxes, Insurance and Lease Expenses [Abstract]
Schedule of Taxes, Insurance and Lease Expense	Taxes, insurance and lease expense were comprised of the following (in thousands): Three Months Ended March 31, 2017 2016 Hotel lease expense (a) $ 815 $ 802 Land lease expense (b) 3,404 3,262 Real estate and other taxes 7,915 7,575 Property insurance, general liability insurance and other 1,768 1,943 Total taxes, insurance and lease expense $ 13,902 $ 13,582 (a) We record hotel lease expense for the consolidated operating lessees of hotels owned by unconsolidated entities and partially offset this expense through noncontrolling interests in other partnerships (generally 49% ). We record our 50% share of the corresponding lease income through equity in income (loss) from unconsolidated entities. There was no percentage rent included in hotel lease expense for the three months ended March 31, 2017 and 2016 . (b) We include in land lease expense percentage rent of $1.3 million and $1.1 million for the three months ended March 31, 2017 and 2016 , respectively.

Hotel Dispositions (Tables)

Hotel Dispositions (Tables)	3 Months Ended
	Mar. 31, 2017
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 hotels sold in 2016 included in continuing operations (in thousands): Three Months Ended March 31, 2017 2016 Hotel operating revenue $ 274 $ 19,017 Operating expenses (128 ) (14,652 ) Operating income from continuing operations 146 4,365 Loss on sale of hotels (666 ) (714 ) Net income (loss) (520 ) 3,651 Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP 3 (16 ) Net income (loss) attributable to FelCor $ (517 ) $ 3,635

Income (Loss) Per Share_Unit (T

Income (Loss) Per Share/Unit (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share/Unit [Line Items]
Schedule of Computation of Basic and Diluted Income (Loss) Per Share/Unit	The following tables set forth the computation of basic and diluted loss per share/unit (in thousands, except per share/unit data): FelCor Loss Per Share Three Months Ended March 31, 2017 2016 Numerator: Net loss attributable to FelCor $ (35,911 ) $ (4,922 ) Less: Preferred dividends (6,279 ) (6,279 ) Less: Dividends declared on unvested restricted stock (37 ) (38 ) Numerator for basic and diluted loss attributable to FelCor common stockholders $ (42,227 ) $ (11,239 ) Denominator: Denominator for basic and diluted loss per share 137,778 139,678 Basic and diluted loss per share data: Net loss $ (0.31 ) $ (0.08 )
Schedule Securities Excluded from Computation of Earnings Per Share	Securities that could potentially dilute earnings (loss) per share/unit in the future that were not included in the computation of diluted income (loss) per share/unit, because they would have been antidilutive for the periods presented, are as follows (in thousands): Three Months Ended March 31, 2017 2016 Series A convertible preferred shares/units 9,984 9,984 FelCor restricted stock units, less shares assumed purchased at market 207 619
FelCor Lodging LP [Member]
Earnings Per Share/Unit [Line Items]
Schedule of Computation of Basic and Diluted Income (Loss) Per Share/Unit	FelCor LP Loss Per Unit Three Months Ended March 31, 2017 2016 Numerator: Net loss attributable to FelCor LP $ (36,097 ) $ (4,970 ) Less: Preferred distributions (6,279 ) (6,279 ) Less: Distributions declared on FelCor unvested restricted stock (37 ) (38 ) Numerator for basic and diluted loss attributable to FelCor common unitholders $ (42,413 ) $ (11,287 ) Denominator: Denominator for basic and diluted loss per unit 138,388 140,289 Basic and diluted loss per unit data: Net loss $ (0.31 ) $ (0.08 )

Redeemable Noncontrolling Int32

Redeemable Noncontrolling Interests in FelCor LP/Redeemable Units (Tables)	3 Months Ended
	Mar. 31, 2017
Noncontrolling Interest [Abstract]
Schedule of Changes in Redeemable Noncontrolling Interests	Changes in redeemable noncontrolling interests (or redeemable units) for the three months ended March 31, 2017 and 2016 are shown below (in thousands): Three Months Ended March 31, 2017 2016 Balance at beginning of period $ 4,888 $ 4,464 Redemption value allocation (81 ) 585 Distributions paid to unitholders (38 ) (36 ) Net loss (186 ) (48 ) Balance at end of period $ 4,583 $ 4,965

Organization (Narrative) (Detai

Organization (Narrative) (Details)	3 Months Ended
	Mar. 31, 2017RoomsHotelsStatesshares	Dec. 31, 2016Hotelsshares	Apr. 30, 2016Hotels
Real Estate Properties [Line Items]
Ownership percentage by parent	99.50%
Aggregate shares and units outstanding (in shares) | shares	139,018,793
Common stock, shares outstanding (in shares) | shares	138,408,610
Units of noncontrolling interests in FelCor LP outstanding (in shares) | shares	610,000	610,000
Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels | Rooms	38
UNITED STATES | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of states (in states) | States	14
CALIFORNIA | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	10
FLORIDA | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	6
MASSACHUSETTS | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	3
California, Florida, Massachusetts [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of states (in states) | States	3
Percent of revenues generated from three states	63.00%
Thirty-Seven Hotels [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	37
One Hundred Percent Owned [Member] | Thirty-Six Hotels [Member] | Wholly Owned Properties [Member]
Real Estate Properties [Line Items]
Ownership percentage by parent	100.00%
One Hundred Percent Owned [Member] | Thirty-Six Hotels [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	36
Fifty Percent Owned [Member] | One Hotel [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	1
Equity Method Investment, Ownership Percentage	50.00%
Fifty Percent Owned [Member] | Two Hotels [Member] | Unconsolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	2	2
Equity Method Investment, Ownership Percentage	50.00%	50.00%
Operated With A Lease [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	38
Operated Without A Lease [Member] | One Hotel [Member] | Unconsolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	1
Operated Without A Lease [Member] | Fifty Percent Owned [Member] | Unconsolidated Properties [Member]
Real Estate Properties [Line Items]
Equity Method Investment, Ownership Percentage	50.00%
Hilton Worldwide [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	20
Wyndham Worldwide [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	8
Marriott International Inc. [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	4
InterContinental Hotels Group [Member]
Real Estate Properties [Line Items]
Number of hotels			3
InterContinental Hotels Group [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	1
AccorHotels Group [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	1
Highgate Hotels [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	1
SBE [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	2
Aimbridge Hospitality [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of hotels	1
The Knickerbocker® | Ninety-five Percent Owned [Member]
Real Estate Properties [Line Items]
Number of hotels	1
Controlling Interest, Ownership Percentage by Parent	95.00%
Ownership in all properties [Member]
Real Estate Properties [Line Items]
Number of hotels	39
Closing Price of FelCor's Common Stock [Member] | FelCor Lodging LP [Member]
Real Estate Properties [Line Items]
Units of noncontrolling interests in FelCor LP outstanding (in shares) | shares	610,183

Organization (Schedule of Distr

Organization (Schedule of Distribution of Consolidated Hotels) (Details) - Consolidated Properties [Member]	Mar. 31, 2017RoomsHotels
Real Estate Properties [Line Items]
Number of hotels	38
Number of rooms (in rooms)	11,329
Embassy Suites by Hilton®
Real Estate Properties [Line Items]
Number of hotels | Hotels	18
Number of rooms (in rooms)	4,982
Wyndham® and Wyndham Grand®
Real Estate Properties [Line Items]
Number of hotels | Hotels	8
Number of rooms (in rooms)	2,528
Marriott® and Renaissance®
Real Estate Properties [Line Items]
Number of hotels | Hotels	2
Number of rooms (in rooms)	761
Holiday Inn®
Real Estate Properties [Line Items]
Number of hotels | Hotels	1
Number of rooms (in rooms)	585
DoubleTree by Hilton® and Hilton®
Real Estate Properties [Line Items]
Number of hotels | Hotels	3
Number of rooms (in rooms)	802
Sheraton®
Real Estate Properties [Line Items]
Number of hotels | Hotels	2
Number of rooms (in rooms)	673
Fairmont®
Real Estate Properties [Line Items]
Number of hotels | Hotels	1
Number of rooms (in rooms)	383
The Knickerbocker®
Real Estate Properties [Line Items]
Number of hotels | Hotels	1
Number of rooms (in rooms)	330
Morgans® and Royalton®
Real Estate Properties [Line Items]
Number of hotels | Hotels	2
Number of rooms (in rooms)	285

Investment in Unconsolidated 35

Investment in Unconsolidated Entities (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Hotels	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)Hotels
Schedule of Equity Method Investments [Line Items]
Loss on sale of hotels | $	$ (666)	$ (714)
Long-term Debt | $	$ 1,354,187		$ 1,338,326
Two Hotels [Member] | Fifty Percent Owned [Member] | Unconsolidated Properties [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%		50.00%
Number of hotels | Hotels	2		2
Entities That Own Real Estate In Myrtle Beach South Carolina and Provide Condominium Management Services [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%		50.00%
Operated Without A Lease [Member] | Fifty Percent Owned [Member] | Unconsolidated Properties [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%
Operated Without A Lease [Member] | One Hotel [Member] | Unconsolidated Properties [Member]
Schedule of Equity Method Investments [Line Items]
Number of hotels | Hotels	1

Investment in Unconsolidated 36

Investment in Unconsolidated Entities (Schedule of Combined Balance Sheet Information of Unconsolidated Entities) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investment in Unconsolidated Entities [Abstract]
Investment in hotels and other properties, net of accumulated depreciation	$ 20,471	$ 20,898
Total assets	25,810	27,052
Debt, net of unamortized debt issuance costs	21,933	22,065
Total liabilities	24,437	24,311
Equity	$ 1,373	$ 2,741

Investment in Unconsolidated 37

Investment in Unconsolidated Entities (Schedule of Combined Statement of Operations Information of Unconsolidated Entities) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Real Estate Properties [Line Items]
Total revenues	$ 5,226	$ 5,503
Net loss	(67)	(114)
Net loss attributable to FelCor	(33)	(57)
Depreciation of cost in excess of book value	(97)	(97)
Equity in loss from unconsolidated entities	$ (130)	$ (154)

Investment in Unconsolidated 38

Investment in Unconsolidated Entities (Schedule of Components of Investment In Unconsolidated Entities) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Investment in unconsolidated entities	$ 7,532	$ 8,312
Equity basis of hotel joint venture investments
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	(4,645)	(4,533)
Cost of hotel investments in excess of joint venture book value
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	6,846	6,942
Equity basis of land and condominium joint venture investments
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 5,331	$ 5,903

Investment in Unconsolidated 39

Investment in Unconsolidated Entities (Schedule of Components of Equity In Income (Loss) from Unconsolidated Entities) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]
Equity in loss from unconsolidated entities	$ (130)	$ (154)
Hotel investments
Schedule of Equity Method Investments [Line Items]
Equity in loss from unconsolidated entities	441	375
Other investments
Schedule of Equity Method Investments [Line Items]
Equity in loss from unconsolidated entities	$ (571)	$ (529)

Debt (Details)

Debt (Details)	3 Months Ended
	Mar. 31, 2017USD ($)Hotels	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	22
Long-term Debt	$ 1,354,187,000		$ 1,338,326,000
Long-term Debt, Gross	1,369,576,000		1,354,293,000
Debt Issuance Costs, Net	(15,389,000)		(15,967,000)
Interest expense	19,286,000	$ 19,720,000
Interest income	33,000	12,000
Capitalized interest	$ 362,000	$ 141,800
Line of Credit [Member] | Libor Plus Two Point Seven Five Percent Due June 2019 [Member]
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	7
Long-term Debt	$ 135,000,000		119,000,000
Variable rate basis	LIBOR
Variable rate basis spread	2.75%
Line of Credit Facility, Maximum Borrowing Capacity	$ 400,000,000
Term of debt extension	1 year
Mortgages [Member] | Four Point Nine Five Percent Due October 2022 [Member]
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	4
Interest rate	4.95%
Long-term Debt	$ 119,536,000		120,109,000
Mortgages [Member] | Four Point Nine Four Percent Due October 2022 [Member]
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	1
Interest rate	4.94%
Long-term Debt	$ 30,040,000		30,184,000
Mortgages [Member] | Libor Plus Three Point Zero Zero Percent Due November 2017 [Member]
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	1
Long-term Debt	$ 85,000,000		85,000,000
Variable rate basis	LIBOR
Variable rate basis spread	3.00%
Term of debt extension	1 year
Senior Secured Notes [Member] | Five Point Six Two Five Percent Due March 2023 [Member]
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	9
Interest rate	5.625%
Long-term Debt	$ 525,000,000		525,000,000
Unsecured Senior Notes [Member] | Six Point Zero Zero Percent Due June 2025 [Member]
Debt Instrument [Line Items]
Number of encumbered hotels (in hotels) | Hotels	0
Interest rate	6.00%
Long-term Debt	$ 475,000,000		$ 475,000,000

FelCor Capital Stock_FelCor L41

FelCor Capital Stock/FelCor LP Partners' Capital (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		16 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Payments for Repurchase of Common Stock	$ 0	$ 19,218
Common Stock
Class of Stock [Line Items]
Shares, Issued	138,409	139,307	138,409	137,990	141,808
Stock Repurchased During Period, Shares		2,948	6,600
Payments for Repurchase of Common Stock		$ 19,200	$ 44,800
Stock Repurchased During Period, Avg Price per Share		$ 6.49	$ 6.78
Stock Repurchase Program, Authorized Amount	$ 100,000		$ 100,000

Hotel Operating Revenue, Depa42

Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs (Schedule of Hotel Operating Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs [Abstract]
Room revenue	$ 144,933	$ 159,076
Food and beverage revenue	32,074	39,532
Other operating departments	10,689	10,849
Total hotel operating revenue	$ 187,696	$ 209,457

Hotel Operating Revenue, Depa43

Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs (Schedule of Hotel Departmental Expenses) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs [Abstract]
Room	$ 40,678	$ 42,699
Room as a percent of total hotel operating revenue	21.70%	20.40%
Food and beverage	$ 26,222	$ 30,956
Food and beverage as a percent of total hotel operating revenue	14.00%	14.80%
Other operating departments	$ 3,533	$ 3,783
Other operating departments as a percent of total hotel operating revenue	1.80%	1.80%
Hotel departmental expenses	$ 70,433	$ 77,438
Hotel departmental expenses as a percent of total hotel operating revenue	37.50%	37.00%

Hotel Operating Revenue, Depa44

Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs (Schedule of Other Property-Related Costs) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs [Line Items]
Other property-related costs	$ 50,855	$ 55,566
Other property-related costs as a percent of total hotel operating revenue	27.10%	26.50%
Hotel general and administrative expense
Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs [Line Items]
Other property-related costs	$ 18,564	$ 20,458
Other property-related costs as a percent of total hotel operating revenue	9.90%	9.80%
Marketing
Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs [Line Items]
Other property-related costs	$ 17,371	$ 18,873
Other property-related costs as a percent of total hotel operating revenue	9.30%	9.00%
Repair and maintenance
Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs [Line Items]
Other property-related costs	$ 8,829	$ 9,705
Other property-related costs as a percent of total hotel operating revenue	4.70%	4.60%
Utilities
Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs [Line Items]
Other property-related costs	$ 6,091	$ 6,530
Other property-related costs as a percent of total hotel operating revenue	3.20%	3.10%

Hotel Operating Revenue, Depa45

Hotel Operating Revenue, Departmental Expenses and Other Property-Related Costs Wyndham Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Hotel Operating Revenue, Departmental Expenses, and Other Property-Related Costs [Line Items]
Management Company NOI Guaranty, Amount Recorded	$ 1	$ 0

Taxes, Insurance and Lease Ex46

Taxes, Insurance and Lease Expense (Schedule of Taxes, Insurance and Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Taxes, Insurance and Lease Expense [Line Items]
Real estate and other taxes	$ 7,915	$ 7,575
Property insurance, general liability insurance and other	1,768	1,943
Total taxes, insurance and lease expense	13,902	13,582
Hotel Lease [Member]
Taxes, Insurance and Lease Expense [Line Items]
Lease expense	815	802
Land Lease [Member]
Taxes, Insurance and Lease Expense [Line Items]
Lease expense	3,404	3,262
Percentage rent	$ 1,300	$ 1,100
One Hotel [Member] | Forty-Nine Percent Owned by Non-Controlling Interest [Member] | Unconsolidated Properties (Lessor) and Consolidated Operations (Lessee) [Member]
Taxes, Insurance and Lease Expense [Line Items]
Ownership percentage of lessee	49.00%
Equity method ownership percentage of lessor	50.00%

Impairment (Details)

Impairment (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment		$ 24,838	$ 0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment	$ 24,800

Hotel Dispositions (Details)

Hotel Dispositions (Details) $ in Thousands	1 Months Ended	3 Months Ended
	May 09, 2017USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Apr. 30, 2017Hotels	Dec. 31, 2016Hotels
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups [Line Items]
Hotel operating revenue		$ 187,696	$ 209,457
Operating Expenses		(203,616)	(194,222)
Operating income (loss)		(15,512)	15,922
Interest expense, net		(19,286)	(19,720)
Equity in loss from unconsolidated entities		(130)	(154)
Loss from continuing operations before loss on sale of hotels		(35,475)	(4,367)
Loss on sale of hotels		666	714
Net income (loss) and comprehensive income (loss)		(36,141)	(5,081)
Net loss (income) attributable to noncontrolling interests in other partnerships		(404)	(471)
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP		186	48
Net income (loss) and comprehensive income (loss) attributable to reporting entity		(35,911)	(4,922)
Impairment		(24,838)	0
Subsequent Event [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups [Line Items]
Impairment	$ (9,500)
Number of hotels | Hotels				2
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups [Line Items]
Hotel operating revenue		274	19,017
Operating Expenses		(128)	(14,652)
Operating income (loss)		146	4,365
Loss on sale of hotels		(666)	(714)
Net income (loss) and comprehensive income (loss)		(520)	3,651
Net loss (income) attributable to redeemable noncontrolling interests in FelCor LP		3	(16)
Net income (loss) and comprehensive income (loss) attributable to reporting entity		$ (517)	$ 3,635
Number of hotels | Hotels					2

Income (Loss) Per Share_Unit (D

Income (Loss) Per Share/Unit (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Numerator:
Net income (loss) attributable to FelCor	$ (35,911)	$ (4,922)
Less: Preferred dividends	(6,279)	(6,279)
Less: Dividends declared on unvested restricted stock	(37)	(38)
Numerator for basic and diluted loss attributable to FelCor common stockholders	$ (42,227)	$ (11,239)
Denominator: [Abstract]
Weighted Average Number of Shares Outstanding, Basic and Diluted	137,778	139,678
Basic and diluted loss per share data:
Earnings Per Share, Basic and Diluted	$ (0.31)	$ (0.08)
FelCor Lodging LP [Member]
Numerator:
Net income (loss) attributable to FelCor	$ (36,097)	$ (4,970)
Less: Preferred dividends	(6,279)	(6,279)
Less: Dividends declared on unvested restricted stock	(37)	(38)
Numerator for basic and diluted loss attributable to FelCor common stockholders	$ (42,413)	$ (11,287)
Denominator: [Abstract]
Weighted Average Number of Shares Outstanding, Basic and Diluted	138,388	140,289
Basic and diluted loss per share data:
Earnings Per Share, Basic and Diluted	$ (0.31)	$ (0.08)
SeriesA Preferred Shares / Units [Member]
Earnings Per Share/Unit [Line Items]
Dividends excluded from computation of earnings per share/unit	$ 6,300	$ 6,300
Antidilutive Securities [Member]
Earnings Per Share/Unit [Line Items]
Series A Convertible Preferred Shares/Units	9,984	9,984
Restricted Stock Units/Treasury Stock Method	207	619

Fair Value of Financial Instr50

Fair Value of Financial Instruments Fair Value of Financial Instruments (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 1,400,000	$ 1,400,000
Long-term Debt	1,354,187	1,338,326
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	1,000,000	1,000,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 377,600	$ 364,600

Redeemable Noncontrolling Int51

Redeemable Noncontrolling Interests in FelCor LP/Redeemable Units (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Units of noncontrolling interests in FelCor LP outstanding (in shares)	610,000	610,000
Redeemable units	$ 4,583	$ 4,888	$ 4,965	$ 4,464
FelCor Lodging LP [Member]
Noncontrolling Interest [Line Items]
Redeemable units	$ 4,583	$ 4,888
Closing Price of FelCor's Common Stock [Member] | FelCor Lodging LP [Member]
Noncontrolling Interest [Line Items]
Units of noncontrolling interests in FelCor LP outstanding (in shares)	610,183
Redeemable units	$ 4,600
Closing price of common stock	$ 7.51

Redeemable Noncontrolling Int52

Redeemable Noncontrolling Interests in FelCor LP/Redeemable Units (Schedule of Changes in Redeemable Noncontrolling Interests) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Increase (Decrease) in Temporary Equity [Roll Forward]
Balance at beginning of period	$ 4,888	$ 4,464
Redemption value allocation	(81)	585
Distributions paid to unitholders	(38)	(36)
Net loss attributable to redeemable noncontrolling interests in FelCor LP	(186)	(48)
Balance at end of period	$ 4,583	$ 4,965

Consolidated Joint Venture Pr53

Consolidated Joint Venture Preferred Equity/Capital (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Preferred capital in consolidated joint venture		$ 43,783,000	$ 43,783,000
The Knickerbocker®
Schedule of Equity Method Investments [Line Items]
Total Proceeds from the Sale of Preferred Equity Under the EB5 Immigrant Investor Program		$ 45,000,000
The Current Annual Return		3.25%
The Current Return Increase		8.00%
The Non-compounding Annual Return		0.25%
Total gross proceeds received to date from the sale of preferred equity under the Immigrant Investor Program		$ 44,400,000
Gross Proceeds received from sale of preferred equity under the Immigrant Investor Program	$ 600,000
Gross Proceeds Net of Issuance Costs from the Sale of Preferred Equity Under the Immigrant Investor Program		43,800,000
Proceeds not yet received from the Immigrant Investor Program		$ 600,000

Contingency (Details)

Contingency (Details)	1 Months Ended	3 Months Ended	15 Months Ended
	Apr. 30, 2016USD ($)Hotels	Mar. 31, 2017USD ($)	Mar. 31, 2017USD ($)	Sep. 30, 2016USD ($)
Loss Contingencies [Line Items]
Loss Contingency, Damages Sought, Value | $	$ 8,300,000
Loss Contingency Accrual, Payments | $		$ 285,000	$ 1,400,000
Loss Contingency Accrual | $				$ 2,300,000
InterContinental Hotels Group [Member]
Loss Contingencies [Line Items]
Number of hotels | Hotels	3
InterContinental Hotels Group [Member] | Disposal Group, Disposed of by Sale
Loss Contingencies [Line Items]
Number of hotels | Hotels	2
Wyndham Hotel Group [Member]
Loss Contingencies [Line Items]
Number of hotels | Hotels	1

Recently Issue Accounting Sta55

Recently Issue Accounting Standards Recently Issued Accounting Standards (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of change in accounting for stock compensation forfeitures		$ 0
Stock compensation withheld - value	$ 814	592
Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of change in accounting for stock compensation forfeitures		185
Stock compensation withheld - value	$ 813	$ 591

Proposed Merger (Details)

Proposed Merger (Details) - Subsequent Event [Member] - RLJ Lodging LP [Member] $ in Millions	1 Months Ended
	Apr. 30, 2017USD ($)shares
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common Stock Exchange Ratio	36.20%
RLJ Termination Fees Paid to FelCor	$ 95
RLJ Reimburses FelCor for Transaction Expenses	20
FelCor Termination Fees Paid to RLJ	39
FelCor Reimburses RLJ Transaction Expenses	$ 20
Series A Preferred Stock [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Preferred Stock Shares | shares	1

FelCor LP's Consolidating Fin57

FelCor LP's Consolidating Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		16 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
CONDENSED CONSOLIDATING BALANCE SHEET
Net investment in hotels				$ 1,535,718	$ 1,566,823
Investment in unconsolidated entities				7,532	8,312
Cash and cash equivalents	$ 47,317	$ 59,786	$ 50,235	50,235	47,317	$ 57,958	$ 59,786
Restricted cash				22,319	19,491
Accounts receivable, net				40,976	42,080
Deferred expenses, net				4,059	4,527
Other assets				19,326	18,542
Total assets				1,680,165	1,707,092
Debt, net				1,354,187	1,338,326
Distributions payable				14,853	14,858
Accrued expenses and other liabilities				123,505	116,437
Total liabilities				1,492,545	1,469,621
Redeemable units				4,583	4,888	4,965	4,464
Preferred capital in consolidated joint venture				43,783	43,783
Total liabilities and equity				1,680,165	1,707,092
Revenues:
Hotel operating revenue	187,696	209,457
Other revenue	408	687
Total revenues	188,104	210,144
Expenses:
Taxes, insurance and lease expense	13,902	13,582
Corporate expenses	6,940	8,400
Depreciation and amortization	27,838	29,183
Impairment	24,838	0
Other expenses	1,260	828
Total operating expenses	203,616	194,222
Operating income (loss)	(15,512)	15,922
Interest expense, net	(19,286)	(19,720)
Loss before equity in loss from unconsolidated entities	(34,798)	(3,798)
Equity in loss from unconsolidated entities	(130)	(154)
Loss from continuing operations before income tax	(34,928)	(3,952)
Income tax	(547)	(415)
Loss from continuing operations before loss on sale of hotels	(35,475)	(4,367)
Loss on sale of hotels	(666)	(714)
Net loss and comprehensive loss	(36,141)	(5,081)
Preferred distributions - consolidated joint venture	(360)	(360)
Net income (loss) and comprehensive income (loss) attributable to reporting entity	(35,911)	(4,922)
Preferred dividends	(6,279)	(6,279)
Operating activities:
Cash flows from operating activities	25,964	19,653
Investing activities:
Improvements and additions to hotels	(19,462)	(14,008)
Net payments related to asset sales	(812)	(466)
Insurance proceeds	0	94
Change in restricted cash - investing	(2,828)	(3,395)
Distributions from unconsolidated entities in excess of earnings	490	136
Net cash flow used in investing activities	(22,612)	(17,639)
Financing activities:
Proceeds from borrowings	29,000	31,000
Repayment of borrowings	(13,717)	(496)
Payment of deferred financing fees	0	(10)
Contributions from noncontrolling interests	100	68
Distributions paid to preferred unitholders	(6,279)	(6,279)
Distributions paid to common stockholders	(8,326)	(8,508)
Repurchase of common stock	0	(19,218)
Net proceeds from issuance of preferred capital - consolidated joint venture	0	598
Net cash flow used in financing activities	(434)	(3,833)
Effect of exchange rate changes on cash	0	(9)
Change in cash and cash equivalents	2,918	(1,828)
Cash and cash equivalents at beginning of periods	47,317	59,786
Cash and cash equivalents at end of periods	50,235	57,958	50,235
FelCor Lodging LP [Member]
CONDENSED CONSOLIDATING BALANCE SHEET
Net investment in hotels				0	0
Equity investment in consolidated entities				1,136,432	1,190,737
Investment in unconsolidated entities				2,200	2,410
Cash and cash equivalents	13,532	21,219	18,723	18,723	13,532	21,811	21,219
Restricted cash				0	0
Accounts receivable, net				1,934	2,804
Deferred expenses, net				0	0
Other assets				4,610	5,634
Total assets				1,163,899	1,215,117
Debt, net				986,166	985,767
Distributions payable				14,729	14,734
Accrued expenses and other liabilities				26,366	28,431
Total liabilities				1,027,261	1,028,932
Redeemable units				4,583	4,888
Preferred units				309,337	309,337
Common units				(177,282)	(128,040)
Total FelCor LP partners' capital				132,055	181,297
Noncontrolling interests				0	0
Preferred capital in consolidated joint venture				0	0
Total partners’ capital				132,055	181,297
Total liabilities and equity				1,163,899	1,215,117
Revenues:
Hotel operating revenue	0	0
Percentage lease revenue	0	0
Other revenue	4	186
Total revenues	4	186
Expenses:
Hotel operating expenses	0	0
Taxes, insurance and lease expense	40	27
Corporate expenses	0	0
Depreciation and amortization	115	51
Impairment	0
Other expenses	473	232
Total operating expenses	628	310
Operating income (loss)	(624)	(124)
Interest expense, net	(14,453)	(14,661)
Loss before equity in loss from unconsolidated entities	(15,077)	(14,785)
Equity in loss from consolidated entities	(21,435)	9,867
Equity in loss from unconsolidated entities	441	64
Loss from continuing operations before income tax	(36,071)	(4,854)
Income tax	(26)	(116)
Loss from continuing operations before loss on sale of hotels	(36,097)	(4,970)
Loss on sale of hotels	0	0
Net loss and comprehensive loss	(36,097)	(4,970)
Net income/(loss) attributable to noncontrolling interests	0	0
Preferred distributions - consolidated joint venture	0	0
Net income (loss) and comprehensive income (loss) attributable to reporting entity	(36,097)	(4,970)
Preferred dividends	(6,279)	(6,279)
Net loss attributable to FelCor LP common unitholders	(42,376)	(11,249)
Operating activities:
Cash flows from operating activities	(16,563)	(16,847)
Investing activities:
Improvements and additions to hotels	2	3
Net payments related to asset sales	(306)	(66)
Insurance proceeds		0
Change in restricted cash - investing	0	0
Distributions from unconsolidated entities in excess of earnings	490	136
Intercompany financing	37,025	51,999
Net cash flow used in investing activities	37,211	52,072
Financing activities:
Proceeds from borrowings	0	0
Repayment of borrowings	0	0
Payment of deferred financing fees		0
Contributions from noncontrolling interests	0	0
Distributions paid to preferred unitholders	(6,279)	(6,279)
Distributions paid to common stockholders	(8,326)	(8,508)
Repurchase of common stock		(19,218)
Net proceeds from issuance of preferred capital - consolidated joint venture		0
Intercompany financing	0	0
Other	(852)	(628)
Net cash flow used in financing activities	(15,457)	(34,633)
Effect of exchange rate changes on cash		0
Change in cash and cash equivalents	5,191	592
Cash and cash equivalents at beginning of periods	13,532	21,219
Cash and cash equivalents at end of periods	18,723	21,811	18,723
Guarantor Subsidiaries [Member]
CONDENSED CONSOLIDATING BALANCE SHEET
Net investment in hotels				459,587	488,528
Equity investment in consolidated entities				0	0
Investment in unconsolidated entities				4,125	4,800
Cash and cash equivalents	29,141	33,873	27,586	27,586	29,141	35,074	33,873
Restricted cash				17,436	16,433
Accounts receivable, net				33,171	33,338
Deferred expenses, net				0	0
Other assets				11,104	10,009
Total assets				553,009	582,249
Debt, net				0	0
Distributions payable				0	0
Accrued expenses and other liabilities				89,012	79,439
Total liabilities				89,012	79,439
Redeemable units				0	0
Preferred units				0	0
Common units				465,118	503,765
Total FelCor LP partners' capital				465,118	503,765
Noncontrolling interests				(1,121)	(955)
Preferred capital in consolidated joint venture				0	0
Total partners’ capital				463,997	502,810
Total liabilities and equity				553,009	582,249
Revenues:
Hotel operating revenue	187,696	209,457
Percentage lease revenue	0	0
Other revenue	343	432
Total revenues	188,039	209,889
Expenses:
Hotel operating expenses	128,838	142,229
Taxes, insurance and lease expense	45,952	51,484
Corporate expenses	3,630	4,335
Depreciation and amortization	10,858	11,997
Impairment	24,838
Other expenses	741	553
Total operating expenses	214,857	210,598
Operating income (loss)	(26,818)	(709)
Interest expense, net	15	9
Loss before equity in loss from unconsolidated entities	(26,803)	(700)
Equity in loss from consolidated entities	0	0
Equity in loss from unconsolidated entities	(560)	(207)
Loss from continuing operations before income tax	(27,363)	(907)
Income tax	(521)	(299)
Loss from continuing operations before loss on sale of hotels	(27,884)	(1,206)
Loss on sale of hotels	(526)	(457)
Net loss and comprehensive loss	(28,410)	(1,663)
Net income/(loss) attributable to noncontrolling interests	266	369
Preferred distributions - consolidated joint venture	0	0
Net income (loss) and comprehensive income (loss) attributable to reporting entity	(28,144)	(1,294)
Preferred dividends	0	0
Net loss attributable to FelCor LP common unitholders	(28,144)	(1,294)
Operating activities:
Cash flows from operating activities	17,875	7,399
Investing activities:
Improvements and additions to hotels	(5,719)	(6,104)
Net payments related to asset sales	(406)	(278)
Insurance proceeds		0
Change in restricted cash - investing	(1,002)	(1,627)
Distributions from unconsolidated entities in excess of earnings	0	0
Intercompany financing	0	0
Net cash flow used in investing activities	(7,127)	(8,009)
Financing activities:
Proceeds from borrowings	0	0
Repayment of borrowings	0	0
Payment of deferred financing fees		0
Contributions from noncontrolling interests	100	68
Distributions paid to preferred unitholders	0	0
Distributions paid to common stockholders	0	0
Repurchase of common stock		0
Net proceeds from issuance of preferred capital - consolidated joint venture		0
Intercompany financing	(12,403)	1,743
Other	0	0
Net cash flow used in financing activities	(12,303)	1,811
Effect of exchange rate changes on cash		0
Change in cash and cash equivalents	(1,555)	1,201
Cash and cash equivalents at beginning of periods	29,141	33,873
Cash and cash equivalents at end of periods	27,586	35,074	27,586
Non-Guarantor Subsidiaries [Member]
CONDENSED CONSOLIDATING BALANCE SHEET
Net investment in hotels				1,076,131	1,078,295
Equity investment in consolidated entities				0	0
Investment in unconsolidated entities				1,207	1,102
Cash and cash equivalents	4,644	4,694	3,926	3,926	4,644	1,073	4,694
Restricted cash				4,883	3,058
Accounts receivable, net				5,871	5,938
Deferred expenses, net				4,059	4,527
Other assets				3,612	2,899
Total assets				1,099,689	1,100,463
Debt, net				407,457	391,995
Distributions payable				124	124
Accrued expenses and other liabilities				8,127	8,567
Total liabilities				415,708	400,686
Redeemable units				0	0
Preferred units				0	0
Common units				631,878	647,536
Total FelCor LP partners' capital				631,878	647,536
Noncontrolling interests				8,320	8,458
Preferred capital in consolidated joint venture				43,783	43,783
Total partners’ capital				683,981	699,777
Total liabilities and equity				1,099,689	1,100,463
Revenues:
Hotel operating revenue	0	0
Percentage lease revenue	38,044	43,545
Other revenue	61	69
Total revenues	38,105	43,614
Expenses:
Hotel operating expenses	0	0
Taxes, insurance and lease expense	5,954	5,616
Corporate expenses	3,310	4,065
Depreciation and amortization	16,865	17,135
Impairment	0
Other expenses	46	43
Total operating expenses	26,175	26,859
Operating income (loss)	11,930	16,755
Interest expense, net	(4,848)	(5,068)
Loss before equity in loss from unconsolidated entities	7,082	11,687
Equity in loss from consolidated entities	0	0
Equity in loss from unconsolidated entities	(11)	(11)
Loss from continuing operations before income tax	7,071	11,676
Income tax	0	0
Loss from continuing operations before loss on sale of hotels	7,071	11,676
Loss on sale of hotels	(140)	(257)
Net loss and comprehensive loss	6,931	11,419
Net income/(loss) attributable to noncontrolling interests	138	102
Preferred distributions - consolidated joint venture	(360)	(360)
Net income (loss) and comprehensive income (loss) attributable to reporting entity	6,709	11,161
Preferred dividends	0	0
Net loss attributable to FelCor LP common unitholders	6,709	11,161
Operating activities:
Cash flows from operating activities	24,652	29,101
Investing activities:
Improvements and additions to hotels	(13,745)	(7,907)
Net payments related to asset sales	(100)	(122)
Insurance proceeds		94
Change in restricted cash - investing	(1,826)	(1,768)
Distributions from unconsolidated entities in excess of earnings	0	0
Intercompany financing	0	0
Net cash flow used in investing activities	(15,671)	(9,703)
Financing activities:
Proceeds from borrowings	29,000	31,000
Repayment of borrowings	(13,717)	(496)
Payment of deferred financing fees		(10)
Contributions from noncontrolling interests	0	0
Distributions paid to preferred unitholders	0	0
Distributions paid to common stockholders	0	0
Repurchase of common stock		0
Net proceeds from issuance of preferred capital - consolidated joint venture		598
Intercompany financing	(24,622)	(53,742)
Other	(360)	(360)
Net cash flow used in financing activities	(9,699)	(23,010)
Effect of exchange rate changes on cash		(9)
Change in cash and cash equivalents	(718)	(3,621)
Cash and cash equivalents at beginning of periods	4,644	4,694
Cash and cash equivalents at end of periods	$ 3,926	1,073	3,926
Total Consolidated [Member]
Guarantor Obligations [Line Items]
Percentage of subsidiary guarantor owned by company	100.00%
CONDENSED CONSOLIDATING BALANCE SHEET
Net investment in hotels				1,535,718	1,566,823
Equity investment in consolidated entities				0	0
Investment in unconsolidated entities				7,532	8,312
Cash and cash equivalents	$ 47,317	59,786	50,235	50,235	47,317	57,958	59,786
Restricted cash				22,319	19,491
Accounts receivable, net				40,976	42,080
Deferred expenses, net				4,059	4,527
Other assets				19,326	18,542
Total assets				1,680,165	1,707,092
Debt, net				1,354,187	1,338,326
Distributions payable				14,853	14,858
Accrued expenses and other liabilities				123,505	116,437
Total liabilities				1,492,545	1,469,621
Redeemable units				4,583	4,888
Preferred units				309,337	309,337
Common units				(177,282)	(128,040)
Total FelCor LP partners' capital				132,055	181,297
Noncontrolling interests				7,199	7,503
Preferred capital in consolidated joint venture				43,783	43,783
Total partners’ capital				183,037	232,583	273,591	311,145
Total liabilities and equity				1,680,165	1,707,092
Revenues:
Hotel operating revenue	187,696	209,457
Percentage lease revenue	0	0
Other revenue	408	687
Total revenues	188,104	210,144
Expenses:
Hotel operating expenses	128,838	142,229
Taxes, insurance and lease expense	13,902	13,582
Corporate expenses	6,940	8,400
Depreciation and amortization	27,838	29,183
Impairment	24,838	0
Other expenses	1,260	828
Total operating expenses	203,616	194,222
Operating income (loss)	(15,512)	15,922
Interest expense, net	(19,286)	(19,720)
Loss before equity in loss from unconsolidated entities	(34,798)	(3,798)
Equity in loss from consolidated entities	0	0
Equity in loss from unconsolidated entities	(130)	(154)
Loss from continuing operations before income tax	(34,928)	(3,952)
Income tax	(547)	(415)
Loss from continuing operations before loss on sale of hotels	(35,475)	(4,367)
Loss on sale of hotels	(666)	(714)
Net loss and comprehensive loss	(36,141)	(5,081)
Net income/(loss) attributable to noncontrolling interests	404	471
Preferred distributions - consolidated joint venture	(360)	(360)
Net income (loss) and comprehensive income (loss) attributable to reporting entity	(36,097)	(4,970)
Preferred dividends	(6,279)	(6,279)
Net loss attributable to FelCor LP common unitholders	(42,376)	(11,249)
Operating activities:
Cash flows from operating activities	25,964	19,653
Investing activities:
Improvements and additions to hotels	(19,462)	(14,008)
Net payments related to asset sales	(812)	(466)
Insurance proceeds	0	94
Change in restricted cash - investing	(2,828)	(3,395)
Distributions from unconsolidated entities in excess of earnings	490	136
Intercompany financing	0	0
Net cash flow used in investing activities	(22,612)	(17,639)
Financing activities:
Proceeds from borrowings	29,000	31,000
Repayment of borrowings	(13,717)	(496)
Payment of deferred financing fees	0	(10)
Contributions from noncontrolling interests	100	68
Distributions paid to preferred unitholders	(6,279)	(6,279)
Distributions paid to common stockholders	(8,326)	(8,508)
Repurchase of common stock	0	(19,218)
Net proceeds from issuance of preferred capital - consolidated joint venture	0	598
Intercompany financing	0	0
Other	(1,212)	(988)
Net cash flow used in financing activities	(434)	(3,833)
Effect of exchange rate changes on cash	0	(9)
Change in cash and cash equivalents	2,918	(1,828)
Cash and cash equivalents at beginning of periods	47,317	59,786
Cash and cash equivalents at end of periods	50,235	57,958	50,235
Consolidation, Eliminations [Member]
CONDENSED CONSOLIDATING BALANCE SHEET
Net investment in hotels				0	0
Equity investment in consolidated entities				(1,136,432)	(1,190,737)
Investment in unconsolidated entities				0	0
Cash and cash equivalents	0	0	0	0	0	$ 0	$ 0
Restricted cash				0	0
Accounts receivable, net				0	0
Deferred expenses, net				0	0
Other assets				0	0
Total assets				(1,136,432)	(1,190,737)
Debt, net				(39,436)	(39,436)
Distributions payable				0	0
Accrued expenses and other liabilities				0	0
Total liabilities				(39,436)	(39,436)
Redeemable units				0	0
Preferred units				0	0
Common units				(1,096,996)	(1,151,301)
Total FelCor LP partners' capital				(1,096,996)	(1,151,301)
Noncontrolling interests				0	0
Preferred capital in consolidated joint venture				0	0
Total partners’ capital				(1,096,996)	(1,151,301)
Total liabilities and equity				$ (1,136,432)	$ (1,190,737)
Revenues:
Hotel operating revenue	0	0
Percentage lease revenue	(38,044)	(43,545)
Other revenue	0	0
Total revenues	(38,044)	(43,545)
Expenses:
Hotel operating expenses	0	0
Taxes, insurance and lease expense	(38,044)	(43,545)
Corporate expenses	0	0
Depreciation and amortization	0	0
Impairment	0
Other expenses	0	0
Total operating expenses	(38,044)	(43,545)
Operating income (loss)	0	0
Interest expense, net	0	0
Loss before equity in loss from unconsolidated entities	0	0
Equity in loss from consolidated entities	21,435	(9,867)
Equity in loss from unconsolidated entities	0	0
Loss from continuing operations before income tax	21,435	(9,867)
Income tax	0	0
Loss from continuing operations before loss on sale of hotels	21,435	(9,867)
Loss on sale of hotels	0	0
Net loss and comprehensive loss	21,435	(9,867)
Net income/(loss) attributable to noncontrolling interests	0	0
Preferred distributions - consolidated joint venture	0	0
Net income (loss) and comprehensive income (loss) attributable to reporting entity	21,435	(9,867)
Preferred dividends	0	0
Net loss attributable to FelCor LP common unitholders	21,435	(9,867)
Operating activities:
Cash flows from operating activities	0	0
Investing activities:
Improvements and additions to hotels	0	0
Net payments related to asset sales	0	0
Insurance proceeds		0
Change in restricted cash - investing	0	0
Distributions from unconsolidated entities in excess of earnings	0	0
Intercompany financing	(37,025)	(51,999)
Net cash flow used in investing activities	(37,025)	(51,999)
Financing activities:
Proceeds from borrowings	0	0
Repayment of borrowings	0	0
Payment of deferred financing fees		0
Contributions from noncontrolling interests	0	0
Distributions paid to preferred unitholders	0	0
Distributions paid to common stockholders	0	0
Repurchase of common stock		0
Net proceeds from issuance of preferred capital - consolidated joint venture		0
Intercompany financing	37,025	51,999
Other	0	0
Net cash flow used in financing activities	37,025	51,999
Effect of exchange rate changes on cash		0
Change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of periods	0	0
Cash and cash equivalents at end of periods	$ 0	0	0
Common Stock
Financing activities:
Repurchase of common stock		$ (19,200)	$ (44,800)