Morgans Hotel (MHGC) 10-Q 5 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 04, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	MHGC
Entity Registrant Name	Morgans Hotel Group Co.
Entity Central Index Key	1,342,126
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		34,714,204

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Property and equipment, net	$ 268,073	$ 277,825
Goodwill	54,057	54,057
Investments in and advances to unconsolidated joint ventures	100	10,492
Cash and cash equivalents	38,769	13,493
Restricted cash	15,813	13,939
Accounts receivable, net	9,788	10,475
Related party receivables	2,692	3,560
Prepaid expenses and other assets	7,658	8,493
Deferred tax asset, net	77,766	77,204
Assets held for sale		34,284
Other assets, net	40,050	47,422
Total assets	514,766	551,244
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Debt and capital lease obligations	606,211	605,743
Accounts payable and accrued liabilities	34,361	32,524
Accounts payable and accrued liabilities on assets held for sale		1,128
Deferred gain on asset sales	119,383	125,398
Other liabilities	13,866	13,866
Total liabilities	$ 773,821	778,659
Redeemable noncontrolling interest		$ 5,042
Commitments and contingencies
Preferred stock, $0.01 par value; liquidation preference $1,000 per share, 40,000,000 shares authorized; 75,000 shares issued at September 30, 2015 and December 31, 2014, respectively	$ 69,857	$ 66,724
Common stock, $0.01 par value; 200,000,000 shares authorized; 36,277,495 shares issued at September 30, 2015 and December 31, 2014, respectively	363	363
Additional paid-in capital	237,849	241,001
Treasury stock, at cost, 1,650,440 and 1,899,707 shares of common stock at September 30, 2015 and December 31, 2014, respectively	(18,993)	(23,279)
Accumulated other comprehensive loss	(971)	(254)
Accumulated deficit	(547,653)	(517,561)
Total Morgans Hotel Group Co. stockholders’ deficit	(259,548)	(233,006)
Noncontrolling interest	493	549
Total deficit	(259,055)	(232,457)
Total liabilities, redeemable noncontrolling interest and stockholders’ deficit	$ 514,766	$ 551,244

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, liquidation preference per share	$ 1,000	$ 1,000
Preferred stock, share authorized	40,000,000	40,000,000
Preferred stock, share issued	75,000	75,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, share authorized	200,000,000	200,000,000
Common stock, share issued	36,277,495	36,277,495
Treasury stock, shares	1,650,440	1,899,707

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues:
Rooms	$ 30,352	$ 30,648	$ 87,139	$ 90,760
Food and beverage	17,617	18,252	58,607	61,177
Other hotel	2,033	1,195	6,256	3,665
Total hotel revenues	50,002	50,095	152,002	155,602
Management fee-related parties and other income	3,204	5,259	10,720	16,509
Total revenues	53,206	55,354	162,722	172,111
Operating Costs and Expenses:
Rooms	9,579	9,231	27,877	27,536
Food and beverage	13,247	14,102	41,652	44,251
Other departmental	1,125	800	3,344	2,369
Hotel selling, general and administrative	9,980	9,992	30,550	32,347
Property taxes, insurance and other	4,061	3,756	12,355	11,687
Total hotel operating expenses	37,992	37,881	115,778	118,190
Corporate expenses, including stock compensation of $0.5 million, $0.3 million, $1.4 million, and $3.1 million, respectively	5,247	7,126	16,194	21,027
Depreciation and amortization	5,586	6,811	16,786	21,894
Restructuring and disposal costs	1,307	1,145	3,849	12,369
Development costs	457	564	1,062	3,928
Loss on receivables from unconsolidated joint venture			550
Total operating costs and expenses	50,589	53,527	154,219	177,408
Operating income (loss)	2,617	1,827	8,503	(5,297)
Interest expense, net	12,090	12,984	35,872	41,917
Impairment loss and equity in income of investment in unconsolidated joint venture	(2)	(3)	3,886	(7)
Gain on asset sales	(2,005)	(2,005)	(7,799)	(6,015)
Other non-operating (income) expenses	(112)	824	3,095	1,950
Loss before income tax expense	(7,354)	(9,973)	(26,551)	(43,142)
Income tax expense	156	122	451	351
Net loss	(7,510)	(10,095)	(27,002)	(43,493)
Net loss (income) attributable to noncontrolling interest	15	(48)	42	(504)
Net loss attributable to Morgans Hotel Group Co.	(7,495)	(10,143)	(26,960)	(43,997)
Preferred stock dividends and accretion	(4,263)	(3,594)	(12,248)	(11,948)
Net loss attributable to common stockholders	(11,758)	(13,737)	(39,208)	(55,945)
Other comprehensive loss:
Unrealized gain (loss) on valuation of cap agreements, net of tax	59	(398)	76	(191)
Foreign currency translation adjustment	(279)		(793)
Comprehensive loss	$ (11,978)	$ (14,135)	$ (39,925)	$ (56,136)
Loss per share:
Basic and diluted attributable to common stockholders	$ (0.34)	$ (0.40)	$ (1.14)	$ (1.64)
Weighted average number of common shares outstanding:
Basic and diluted	34,618	34,267	34,500	34,047

Consolidated Statements of Com5

Consolidated Statements of Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Stock-based compensation	$ 500	$ 300	$ 1,430	$ 3,096

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net loss	$ (27,002)	$ (43,493)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	14,399	14,884
Amortization of other costs	2,387	7,009
Amortization and write off of deferred financing costs	4,912	5,714
Amortization of discount on convertible notes		1,030
Amortization of deferred gain on asset sales	(6,015)	(6,015)
Stock-based compensation	1,430	3,096
Accretion of interest	1,566	2,383
Impairment loss and equity in income of investment in unconsolidated joint venture	3,886	(7)
Loss on receivables from unconsolidated joint venture	550
Gain on sale and disposal of assets	(1,790)	(280)
Change in fair value of TLG Promissory Notes		5
Change in value of interest rate caps	183
Changes in assets and liabilities:
Accounts receivable, net	136	2,642
Related party receivables	318	(117)
Restricted cash	(803)	7,189
Prepaid expenses and other assets	1,085	2,258
Accounts payable and accrued liabilities	86	(1,494)
Net cash used in operating activities	(4,672)	(5,196)
Cash flows from investing activities:
Additions to property and equipment	(4,636)	(3,949)
Deposits into capital improvement escrows, net	(1,071)	(1,279)
Distributions from unconsolidated joint ventures	6,506	6
Proceeds from asset sale, net	30,806
Development hotel (funding) return of investment	(250)	3,000
Net cash provided by (used in) investing activities	31,355	(2,222)
Cash flows from financing activities:
Proceeds from debt		450,000
Payments on debt and capital lease obligations	(1,098)	(341,542)
Debt issuance costs		(13,271)
Cash paid in connection with vesting of stock based awards	(309)	(797)
Distributions to holders of noncontrolling interests in consolidated subsidiaries		(713)
Net cash (used in) provided by financing activities	(1,407)	93,677
Net increase in cash and cash equivalents	25,276	86,259
Cash and cash equivalents, beginning of year	13,493	10,025
Cash and cash equivalents, end of year	38,769	96,284
Supplemental disclosure of cash flow information:
Cash paid for interest	30,859	34,848
Cash paid for income taxes	$ 1	564
Non cash financing activities are as follows:
Write off of discount on convertible debt		$ 726

Organization and Formation Tran

Organization and Formation Transaction	9 Months Ended
	Sep. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Formation Transaction	1. Organization and Formation Transaction Morgans Hotel Group Co., a Delaware corporation (the “Company”), was incorporated on October 19, 2005. The Company operates, owns, acquires, develops and redevelops boutique hotels, primarily in gateway cities and select resort markets in the United States, Europe and other international locations. In addition, the Company owns leasehold interests in certain food and beverage venues. Prior to the TLG Equity Sale, discussed below, completed on January 23, 2015, the Company, through TLG Acquisition LLC (“TLG Acquisition” and, together with its subsidiaries, The Light Group, or “TLG”), operated nightclubs, restaurants, pool lounges, bars and other food and beverage venues primarily in hotels operated by MGM Resorts International (“MGM”) in Las Vegas. The Morgans Hotel Group Co. predecessor comprised the subsidiaries and ownership interests that were contributed as part of the formation and structuring transactions from Morgans Hotel Group LLC, now known as Residual Hotel Interest LLC (“Former Parent”), to Morgans Group LLC (“Morgans Group”), the Company’s operating company. The Former Parent also contributed all the membership interests in its hotel management business to Morgans Group in return for 1,000,000 membership units in Morgans Group exchangeable for shares of the Company’s common stock. The Company has one reportable operating segment. During the nine months ended September 30, 2015 and 2014, the Company derived 6.4 Hotels The Company’s hotels as of September 30, 2015 were as follows: Hotel Name Location Number of Rooms Interest Hudson New York, 878 (1 ) Morgans New York, NY 117 (2 ) Royalton New York, NY 168 (2 ) Delano South Beach Miami Beach, FL 194 (3 ) Mondrian South Beach Miami Beach, FL 215 (4 ) Shore Club Miami Beach, FL 308 (5 ) Mondrian Los Angeles Los Angeles, CA 236 (2 ) Clift San Francisco, CA 372 (6 ) Sanderson London, England 150 (2 ) St Martins Lane London, England 204 (2 ) Mondrian London at Sea Containers London, England 359 (2 ) Delano Las Vegas Las 1,117 (7 ) 10 Karakoy Istanbul, Turkey 71 (8 ) (1) The Company owns 100% of Hudson through its subsidiary, Henry Hudson Holdings LLC, which is part of a property that is structured as a condominium, in which Hudson constitutes 96% of the square footage of the entire building. As of September 30, 2015, Hudson had 878 guest rooms and 60 single room dwelling units (“SROs”). (2) Operated under a management contract. (3) Wholly-owned hotel. ( 4 ) Operated as a condominium hotel under a management contract and owned through a 50/50 unconsolidated joint venture. As of September 30, 2015 , 276 hotel residences had been sold, of which 156 are in the hotel rental pool and are included in the hotel room count, and 59 hotel residences remain to be sold. See note 4. ( 5 ) Operated under a management contract. As of September 30, 2015, the Company had an immaterial contingent profit participation equity interest. ( 6 ) The hotel is operated under a long-term lease which is accounted for as a financing. See note 6. ( 7 ) A licensed hotel managed by MGM. ( 8 ) A franchised hotel. Food and Beverage Operations The Company leases and manages all but one of the Sanderson food and beverage venues. The Company also owns three food and beverage venues subject to leasehold agreements at Mandalay Bay in Las Vegas, which are managed by TLG. These food and beverage venues are included in the Company’s consolidated financial statements. Effective January 1, 2014, the Company transferred all of its ownership interest in the food and beverage venues at St Martins Lane to the hotel owner. The Company will continue to manage the transferred food and beverage venues. Prior to January 1, 2014, the Company leased and managed all of the St Martins Lane food and beverage venues, which were included in the Company’s consolidated financial statements. The Light Group On November 30, 2011, certain of the Company’s subsidiaries completed the acquisition of 90% of the equity interests in TLG Acquisition LLC for a purchase price of $28.5 million in cash and up to $18.0 million in notes (the “TLG Promissory Notes”) (“The Light Group Purchase”). In December 2014, the Company used cash on hand to repay and retire $19.1 million of the outstanding TLG Promissory Notes, which included the original principal balance of $18.0 million plus deferred interest of $1.1 million. The primary assets of TLG consisted of its management and similar agreements primarily with various MGM affiliates. During the time the Company owned 90% of TLG, it recognized management fees in accordance with the applicable management agreement which generally provided for base management fees as a percentage of gross sales, and incentive management fees as a percentage of net profits, as calculated pursuant to the management agreements. TLG Equity Sale . On January 23, 2015, t he Company sold its 90% equity interest in TLG to Hakkasan Holdings LLC (“Hakkasan”) (the “TLG Equity Sale”) for $32.8 million, net of closing costs. The Company has certain indemnification obligations, which generally survive for 18 months following the closing of the TLG Equity Sale; however, no amounts are held in escrow for the satisfaction of such claims. As of September 30, 2015, the Company has accrued approximately $ 0.2 TEJ Management, LLC, an entity controlled by Andrew Sasson, and Galts Gulch Holding Company LLC, an entity controlled by Andy Masi (together, the “Minority Holders”) did not exercise their right to participate in the TLG Equity Sale. The Minority Holders maintained the right to put their equity interests to TLG’s managing member for amounts determined pursuant to the Amended and Restated Limited Liability Company of TLG. Hakkasan, as the current managing membe r, was ob In addition, for the 18 months following the closing of the TLG Equity Sale, the Company has the right to purchase 49% of the equity of TLG from Hakkasan (the “Option Right”). Sasson-Masi Put Options . On January 15, 2015, each of Messrs. Sasson and Masi exercised his right to require Morgans Group to purchase his equity interest in TLG at a purchase price calculated in accordance with the Amended and Restated Limited Liability Company of TLG (the “Sasson-Masi Put Options”). The Company initially accounted for the redeemable noncontrolling interest at fair value in accordance with Accounting Standard Codification (“ASC”) 805, Business Combinations . Due to the redemption feature associated with the Sasson-Masi Put Options, the Company classified the noncontrolling interest in temporary equity in accordance with the Securities and Exchange Commission’s guidance as codified in ASC 480-10, Distinguishing Liabilities from Equity . Subsequently, the Company accreted the redeemable noncontrolling interest to its current redemption value, which approximates fair value, each period. The change in the redemption value did not impact the Company’s earnings or earnings per share. The estimated aggregate purchase price for the Sasson-Masi Put Options was approximately $5.0 m Hakkasan paid $3.6 million of the purchase price for the Sasson-Masi Put Options and the Company incurred and paid the remaining approximately $1.4 million.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company consolidates all wholly-owned subsidiaries and variable interest entities in which the Company is determined to be the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. Entities which the Company does not control through voting interest and entities which are variable interest entities of which the Company is not the primary beneficiary are accounted for under the equity method. The consolidated financial statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished in the accompanying consolidated financial statements reflects all adjustments that, in the opinion of management, are necessary for a fair presentation of the aforementioned consolidated financial statements for the interim periods. Operating results for the three and nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. For further information, refer to the consolidated financial statements and accompanying footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Restricted Cash As required by certain debt and lease agreements, restricted cash consists of cash held in escrow accounts for taxes, ground rent, insurance programs, and debt service or lease payments. As further required by the debt and lease agreements related to hotels owned by the Company or one of its subsidiaries, the Company must set aside 4% of the hotels’ revenues in restricted escrow accounts for the future periodic replacement or refurbishment of furniture, fixtures and equipment. As replacements occur, the Company or its subsidiary is eligible for reimbursement from these escrow accounts. The Hudson/Delano 2014 Mortgage Loan, defined and discussed below in note 6, provides that, in the event the debt yield ratio falls below certain defined thresholds, all cash flows from Hudson and Delano South Beach are deposited into accounts controlled by the lenders from which debt service and operating expenses, including management fees, are paid and from which other reserve accounts may be funded. Any excess amounts will be retained by the lenders until the debt yield ratio exceeds the required thresholds for two consecutive calendar quarters. As of September 30, 2015, the debt yield ratio exceeded the required threshold. Assets Held for Sale The Company considers properties to be assets held for sale when management approves and commits to a formal plan to actively market a property or a group of properties for sale and the sale is probable. Upon designation as an asset held for sale, the Company records the carrying value of each property or group of properties at the lower of its carrying value, which includes allocable goodwill, or its estimated fair value, less estimated costs to sell, and the Company stops recording depreciation expense. Any gain realized in connection with the sale of the properties for which the Company has significant continuing involvement, such as through a long-term management agreement, is deferred and recognized over the initial term of the related management agreement. The Company adopted Accounting Standards Update (“ASU”) No. 2014-08 (“ASU 2014-08”), “ Presentation of Financial Statements and Property, Plant and Equipment; Reporting Discontinued Operations and Disclosures of Components of an Entity In December 2014, the Company’s Board of Directors approved the TLG Equity Sale, as discussed in note 1. F or the year ended December 31, 2014, the Company classified the assets and liabilities related to TLG as assets held for sale. The Company’s assets related to TLG included its investment in the TLG management contracts, which were amortized using the straight line method, over the life of each applicable management contract prior to the Company’s reclassification of these assets to assets held for sale, goodwill, and some intangible assets. The Company’s liabilities related to TLG were payables which were incurred in the normal course of its operation. Investments in and Advances to Unconsolidated Joint Ventures The Company accounts for its investments in unconsolidated joint ventures using the equity method as it does not exercise control over significant business decisions such as buying, selling or financing nor is it the primary beneficiary under ASC 810-10, as discussed above. Under the equity method, the Company increases its investment for its proportionate share of net income and contributions to the joint venture and decreases its investment balance by recording its proportionate share of net loss and distributions. Once the Company’s investment balance in an unconsolidated joint venture is zero, the Company suspends recording additional losses. For investments in which there is recourse or unfunded commitments to provide additional equity, distributions and losses in excess of the investment are recorded as a liability. As of September 30, 2015, there were no liabilities required to be recorded related to these investments. Other Assets In October 2014, the Company funded an approximately $15.3 million key money obligation related to Mondrian London, which is included in Other Assets and is being amortized over the term of the hotel management agreement. In August 2012, the Company entered into a 10-year licensing agreement with MGM, with two five-year extensions at the Company’s option subject to performance thresholds, to convert THEhotel to Delano Las Vegas. Delano Las Vegas opened in September 2014. In addition, the Company acquired the leasehold interests in three food and beverage venues at Mandalay Bay in Las Vegas from an existing tenant for $15.0 million in cash at closing and a deferred, principal-only $10.6 million promissory note (“Restaurant Lease Note”) to be paid over seven years, which the Company recorded at fair value as of the date of issuance at $7.5 million, as discussed in note 6. The food and beverage venues were, and continue to be, managed by TLG. The three food and beverage venues are operated pursuant to 10-year operating leases with an MGM affiliate, pursuant to which the Company pays minimum annual lease payments and a percentage rent based on cash flow. The Company allocated the total consideration paid, or to be paid, to the license agreement and the restaurant leasehold asset based on their respective fair values. Further, as of September 30, 2015, other assets also include deferred financing costs which are being amortized, using the straight line method, which approximates the effective interest rate method, over the terms of the related debt agreements. Income Taxes The Company accounts for income taxes in accordance with ASC 740-10, Income Taxes The Company’s deferred tax assets are recorded net of a valuation allowance when, based on the weight of available evidence, it is more likely than not that some portion or all of the recorded deferred tax assets will not be realized in future periods. Decreases to the valuation allowance are recorded as reductions to the Company’s provision for income taxes and increases to the valuation allowance result in additional provision for income taxes. The realization of the Company’s deferred tax assets, net of the valuation allowance, is primarily dependent on estimated future taxable income. A change in the Company’s estimate of future taxable income may require an addition to or reduction from the valuation allowance. The Company has established a reserve on its deferred tax assets based on anticipated future taxable income and tax strategies which may include the sale of property or an interest therein. All of the Company’s foreign subsidiaries are subject to local jurisdiction corporate income taxes. Income tax expense is reported at the applicable rate for the periods presented. Income taxes for the three and nine months ended September 30, 2015 and 2014 were computed using the Company’s effective tax rate. Credit-risk-related Contingent Features The Company has entered into warrant agreements with Yucaipa American Alliance Fund II, L.P. and Yucaipa American Alliance (Parallel) Fund II, L.P., (collectively, the “Yucaipa Investors”), as discussed in note 9, to purchase a total of 12,500,000 shares of the Company’s common stock at an exercise price of $6.00 per share (the “Yucaipa Warrants”). In addition, subject to the terms of the Securities Purchase Agreement, the Yucaipa Investors have certain consent rights over certain transactions for so long as they collectively own or have the right to purchase through exercise of the Yucaipa Warrants 6,250,000 shares of the Company’s common stock. The Yucaipa Warrants are exercisable utilizing a cashless exercise method only, resulting in a net share issuance. Fair Value Measurements ASC 820-10, Fair Value Measurements and Disclosures ASC 820-10 emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, ASC 820-10 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liability, which is typically based on an entity’s own assumptions, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to the asset or liability. Currently, the Company uses interest rate caps to manage its interest rate risk. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. To comply with the provisions of ASC 820-10, the Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of September 30, 2015 and December 31, 2014, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives. Accordingly, all derivatives have been classified as Level 2 fair value measurements. As of September 30, 2015, the Company had three interest rate caps outstanding and the fair value of these interest rate caps was zero. In connection with the three restaurant leases in Las Vegas, the Company issued the Restaurant Lease Note to be paid over seven years. The Restaurant Lease Note does not bear interest except in the event of default, as defined by the agreement. In accordance with ASC 470, Debt During the nine months ended September 30, 2015, the Company recognized non-cash impairment charges of $3.9 million related to the Company’s investment in Mondrian Istanbul, which was recorded in impairment loss and equity in income of investment in unconsolidated joint venture, and a loss of $0.6 million on receivables from an unconsolidated joint venture. The Company’s estimated fair value relating to these impairment assessments was based primarily upon Level 3 measurements, including the assets’ expected cash flow, market conditions, and settlement discussions with the Company’s Mondrian Istanbul joint venture partner. Fair Value of Financial Instruments Disclosures about fair value of financial instruments are based on pertinent information available to management as of the valuation date. Considerable judgment is necessary to interpret market data and develop estimated fair values. Accordingly, the estimates presented are not necessarily indicative of the amounts at which these instruments could be purchased, sold, or settled. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. The Company’s financial instruments include cash and cash equivalents, accounts receivable, restricted cash, accounts payable and accrued liabilities, and fixed and variable rate debt. Management believes the carrying amount of the aforementioned financial instruments, excluding fixed-rate debt, is a reasonable estimate of fair value as of September 30, 2015 and December 31, 2014 due to the short-term maturity of these items or variable market interest rates. The Company had fixed rate debt of $55.1 million and $55.8 million as of September September Although the Company has determined that the majority of the inputs used to value its fixed rate debt fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its fixed rate debt utilize Level 3 inputs, such as estimates of current credit spreads. However, as of September 30, 2015 and December 31, 2014, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its fixed rate debt and determined that the credit valuation adjustments are not significant to the overall valuation of its fixed rate debt. Accordingly, all derivatives have been classified as Level 2 fair value measurements. Stock-based Compensation The Company accounts for stock based employee compensation using the fair value method of accounting described in ASC 718-10. For share grants, total compensation expense is based on the price of the Company’s stock at the grant date. For option grants, the total compensation expense is based on the estimated fair value using the Black-Scholes option-pricing model. Compensation expense is recorded ratably over the vesting period. Redeemable Noncontrolling Interest Due to the redemption feature associated with the Sasson-Masi Put Options, the Company initially classified the noncontrolling interest in temporary equity in accordance with the Securities and Exchange Commission’s guidance as codified in ASC 480-10, Distinguishing Liabilities from Equity Noncontrolling Interest The Company follows ASC 810-10, when accounting and reporting for noncontrolling interests in a consolidated subsidiary and the deconsolidation of a subsidiary. Under ASC 810-10, the Company reports noncontrolling interests in subsidiaries as a separate component of stockholders’ equity (deficit) in the consolidated financial statements and reflects net income (loss) attributable to the noncontrolling interests and net income (loss) attributable to the common stockholders on the face of the consolidated statements of comprehensive loss. The membership units in Morgans Group, the Company’s operating company, owned by the Former Parent are presented as a noncontrolling interest in Morgans Group in the consolidated balance sheets and were approximately $ 0.5 Recent Accounting Pronouncements In August 2015, the FASB issued ASU No. 2015-15 (“ASU 2015-15”), “ Interest—Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting Interest – Imputation of Interest Reclassifications Certain prior period financial statement amounts have been reclassified to conform to the current period presentation.

Income (Loss) Per Share

Income (Loss) Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Income (Loss) Per Share	3. Income (Loss) Per Share The Company applies the two-class method as required by ASC 260-10, Earnings per Share Basic earnings (loss) per share is calculated based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings (loss) per share include the effect of potential shares outstanding, including dilutive securities. Potential dilutive securities may include shares and options granted under the Company’s stock incentive plan and membership units in Morgans Group, which may be exchanged for shares of the Company’s common stock under certain circumstances. The 75,446 Morgans Group membership units (which may be converted to cash, or at the Company’s option, common stock) held by third parties as of September 30, 2015, the Yucaipa Warrants issued to the Yucaipa Investors, unvested restricted stock units, LTIP Units (as defined in note 10) and stock options have been excluded from the diluted net income (loss) per common share calculation, as there would be no effect on reported diluted net income (loss) per common share. The table below details the components of the basic and diluted loss per share calculations (in thousands, except for per share data). The Company has not had any undistributed earnings in any calendar quarter presented. Therefore, the Company does not present earnings per share following the two-class method. Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Numerator: Net loss $ (7,510 ) $ (10,095 ) $ (27,002 ) $ (43,493 ) Net loss (income) attributable to noncontrolling interest 15 (48 ) 42 (504 ) Net loss attributable to Morgans Hotel Group Co. (7,495 ) (10,143 ) (26,960 ) (43,997 ) Less: preferred stock dividends and accretion 4,263 3,594 12,248 11,948 Net loss attributable to common stockholders $ (11,758 ) $ (13,737 ) $ (39,208 ) $ (55,945 ) Denominator: Weighted average basic common shares outstanding 34,618 34,267 34,500 34,047 Effect of dilutive securities — — — — Weighted average diluted common shares outstanding 34,618 34,267 34,500 34,047 Basic and diluted loss available to common stockholders per common share $ (0.34 ) $ (0.40 ) $ (1.14 ) $ (1.64 )

Investments in and Advances to

Investments in and Advances to Unconsolidated Joint Ventures	9 Months Ended
	Sep. 30, 2015
Equity Method Investments And Joint Ventures [Abstract]
Investments in and Advances to Unconsolidated Joint Ventures	4. Investments in and Advances to Unconsolidated Joint Ventures The Company’s investments in and advances to unconsolidated joint ventures and its equity in losses of unconsolidated joint ventures are summarized as follows (in thousands): Investments Entity As of September 30, 2015 As of December 31, 2014 Mondrian Istanbul $ — $ 10,392 Other 100 100 Total investments in and advances to unconsolidated joint ventures $ 100 $ 10,492 The Company’s income from unconsolidated joint ventures was immaterial for the three and nine months ended September 30, 2015 and 2014. The Company recorded a $3.9 million impairment charge related to its investment in Mondrian Istanbul during the nine months ended September 30, 2015, discussed below. Mondrian South Beach On August 8, 2006, the Company entered into a 50/50 joint venture to renovate and convert an apartment building on Biscayne Bay in Miami Beach into a condominium hotel, Mondrian South Beach, which opened in December 2008. The Company operates Mondrian South Beach under a long-term management contract. The Mondrian South Beach joint venture initially received nonrecourse mortgage loan financing of approximately $124.0 million at a rate of LIBOR plus 3.0%. A portion of this mortgage debt was paid down, prior to the amendments discussed below, with proceeds obtained from condominium sales. In April 2008, the Mondrian South Beach joint venture obtained a mezzanine loan from the mortgage lenders of $28.0 million bearing interest at LIBOR plus 6.0%. Additionally, the Company and an affiliate of its joint venture partner provided additional mezzanine financing of $28.0 million in total to the joint venture through a 50/50 mezzanine financing joint venture. In April 2010, the Mondrian South Beach ownership joint venture amended the nonrecourse mortgage financing and mezzanine loan agreements secured by Mondrian South Beach or related equity interests and extended the maturity date for up to seven years through one-year extension options until April 2017, subject to certain conditions. Among other things, the amendment allowed the joint venture to accrue all interest through April 2012, accrue a portion of the interest thereafter, extend the mezzanine loan to April 2027 if the mortgage loan is retired, and provide the ability to provide seller financing to qualified condominium buyers with up to 80% of the condominium purchase price. After the repayment of the mortgage debt, the mezzanine financing joint venture receives the first $5.5 million of net cash flow, the lender mezzanine financing receives the next $5.5 million, and the remaining proceeds are distributed equally between the joint venture mezzanine loan and the lender mezzanine loan. In February 2015, the joint venture exercised its option to extend the outstanding mortgage and mezzanine debt until April 2016. As of September 30, 2015, the joint venture’s outstanding nonrecourse mortgage loan was $ 18.7 million, The joint venture is in the process of selling units as condominiums, subject to market conditions, and unit buyers will have the opportunity to place their units into the hotel’s rental program. As of September 30, 2015, 276 hotel are hotel residences The Mondrian South Beach joint venture was determined to be a variable interest entity, as during the process of refinancing the venture’s mortgage in April 2010, its equity investment at risk was considered insufficient to permit the entity to finance its own activities. Management determined that the Company is not the primary beneficiary of this variable interest entity. Because the Company has written its investment value in the joint venture to zero, for financial reporting purposes, the Company believes its maximum exposure to losses as a result of its involvement in Mondrian South Beach is limited to its outstanding management fees and related receivables, excluding guarantees and other contractual commitments. The Company is not committed to providing financial support to this variable interest entity, other than as contractually required, and all future funding is expected to be provided by the joint venture partners in accordance with their respective percentage interests in the form of capital contributions or loans, or by third parties. Morgans Group and affiliates of its joint venture partner have provided certain guarantees and indemnifications to the Mondrian South Beach lenders. See note 7. Mondrian SoHo In June 2007, the Company entered into a joint venture with Cape Advisors Inc. to acquire property and develop a Mondrian hotel on that property in the SoHo neighborhood of New York City. The Company had a 20% equity interest in the joint venture. Under the terms of the hotel management agreement executed between the Company and the joint venture in June 2007, the Company had a contract to manage the hotel for a 10-year term beginning on the date the hotel opened for business, which was in February 2011, with two 10-year extension options. The joint venture obtained a loan to acquire the hotel property and develop the hotel, which matured in June 2010 and was extended several times. In November 2012, the joint venture did not meet the necessary extension options and a foreclosure judgment was issued on November 25, 2014. The foreclosure sale was held on January 7, 2015, at which German American Capital Corporation (“GACC”), the lender, was the sole and winning bidder. GACC assigned its bid to 9 Crosby LLC, an affiliate of The Sapir Organization (“Sapir”), a New York-based real estate development and management organization. The . As a result, Mondrian Istanbul In December 2011, the Company entered into a hotel management agreement for an approximately 114-room Mondrian-branded hotel to be located in the Old City area of Istanbul, Turkey. In December 2011 and January 2012, the Company contributed an aggregate of $10.3 million in the form of equity and key money and has a 20% ownership interest in the joint venture owning the hotel. Due to the Company’s joint venture partner’s failure to achieve certain agreed milestones in the development of the Mondrian Istanbul hotel, in early 2014, the Company exercised its put option under the joint venture agreement that would have required the Company’s joint v enture partner to buy back the Company’s equity interests in the Mondrian Istanbul joint venture. . Under the settlement agreement, the Company is also entitled to an additional amount equal to 20% of the excess proceeds over $6.5 million if the land or 50% or more equity interests are subject to agreement to be sold by the joint venture partner to a third party within one year from the closing of the settlement. The settlement terminated all legal proceedings in Turkey and the United Kingdom between the parties. During the second quarter of 2015, as a result of settlement discussions, the Company determined that this investment was other-than-temporarily impaired and recorded a $3.9 million impairment charge during the nine months ended September

Other Liabilities

Other Liabilities	9 Months Ended
	Sep. 30, 2015
Other Liabilities Disclosure [Abstract]
Other Liabilities	5. Other Liabilities As of September 30, 2015 and December 31, 2014, other liabilities included $13.9 million related to a designer fee claim. The Former Parent had an exclusive service agreement with a hotel designer, pursuant to which the designer has made various claims related to the agreement. Although the Company is not a party to the agreement, it may have certain contractual obligations or liabilities to the Former Parent in connection with the agreement. According to the agreement, the designer was owed a base fee for each designed hotel, plus 1% of gross revenues, as defined in the agreement, for a 10-year period from the opening of each hotel. In addition, the agreement also called for the designer to design a minimum number of projects for which the designer would be paid a minimum fee. A liability amount of $13.9 million has been estimated and recorded in these consolidated financial statements before considering any defenses and/or counter-claims that may be available to the Company or the Former Parent in connection with any claim brought by the designer. The estimated costs of the design services were capitalized as a component of the applicable hotel and amortized over the five-year estimated life of the related design elements.

Debt and Capital Lease Obligati

Debt and Capital Lease Obligations	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt and Capital Lease Obligations	6. Debt and Capital Lease Obligations Debt and capital lease obligations consists of the following (in thousands): Description As of September 30, 2015 As of December 31, 2014 Interest rate at September 30, 2015 Hudson/Delano Mortgage (a) $ 450,000 $ 450,000 5.85% (LIBOR Clift debt (b) 94,984 93,829 9.60% Liability to subsidiary trust (c) 50,100 50,100 8.68% Restaurant Lease Note (d) 5,022 5,709 (d) Capital lease obligations (e) 6,105 6,105 (e) Debt and capital lease obligation $ 606,211 $ 605,743 (a) Mortgage Agreements Hudson/Delano 2014 Mortgage Loan On February 6, 2014, subsidiaries of the Company entered into a financing arrangement with Citigroup Global Markets Realty Corp. and Bank of America, N.A., as lenders, consisting of $300.0 million nonrecourse mortgage notes and $150.0 million mezzanine loans resulting in an aggregate principal amount of $450.0 million, secured by mortgages encumbering Delano South Beach and Hudson and pledges of equity interests in certain subsidiaries of the Company (collectively, the “Hudson/Delano 2014 Mortgage Loan”). The net proceeds from the Hudson/Delano 2014 Mortgage Loan were applied to (1) repay $180.0 million of outstanding mortgage debt under the prior mortgage loan secured by Hudson (the “Hudson 2012 Mortgage Loan”), (2) repay $37.0 million of indebtedness under the Company’s $100.0 million senior secured revolving credit facility secured by Delano South Beach (the “Delano Credit Facility”), (3) provide cash collateral for reimbursement obligations with respect to a $10.0 million letter of credit under the Delano Credit Facility which was returned to the Company in June 2014, and (4) fund reserves required under the Hudson/Delano 2014 Mortgage Loan, with the remainder available for general corporate purposes and working capital, including repayment of the Company’s 2.375% Senior Subordinated Convertible Notes (the “Convertible Notes”) that matured and were repaid in full in October 2014 and the TLG Promissory Notes. The Hudson/Delano 2014 Mortgage Loan bears interest at a blended rate of 30-day LIBOR plus 565 basis points. The Company maintains interest rate caps for the principal amount of the Hudson/Delano 2014 Mortgage Loan that caps the LIBOR rate on the debt under the Hudson/Delano 2014 Mortgage Loan at approximately 1.75% through the initial maturity date. The Hudson/Delano 2014 Mortgage Loan matures on February 9, 2016. The Company has three, one-year extension options that will permit the Company to extend the maturity date of the Hudson/Delano 2014 Mortgage Loan to February 9, 2019, if certain conditions are satisfied at the respective extension dates, including delivery by the borrowers of a business plan and budget for the extension term reasonably satisfactory to the lenders and achievement by the Company of a specified debt yield. The Company may prepay the Hudson/Delano 2014 Mortgage Loan in an amount necessary to achieve the specified debt yield. The second and third extensions would also require the payment of an extension fee in an amount equal to 0.25% of the then outstanding principal amount under the Hudson/Delano 2014 Mortgage Loan. The Hudson/Delano 2014 Mortgage Loan may be prepaid at any time, in whole or in part. The prepayment penalty expired as The Hudson/Delano 2014 Mortgage Loan is assumable under certain conditions, and provides that either one of the encumbered hotels may be sold, subject to prepayment of the Hudson/Delano 2014 Mortgage Loan at a specified release price and satisfaction of certain other conditions. The Hudson/Delano 2014 Mortgage Loan contains restrictions on the ability of the borrowers to incur additional debt or liens on their assets and on the transfer of direct or indirect interests in Hudson or Delano South Beach and the owners of Hudson and Delano South Beach and other affirmative and negative covenants and events of default customary for multiple asset commercial mortgage-backed securities loans. The Hudson/Delano 2014 Mortgage Loan is nonrecourse to the Company’s subsidiaries that are the borrowers under the loan, except pursuant to certain carveouts detailed therein. In addition, the Company has provided a customary environmental indemnity and nonrecourse carveout guaranty under which it would have liability with respect to the Hudson/Delano 2014 Mortgage Loan if certain events occur with respect to the borrowers, including voluntary bankruptcy filings, collusive involuntary bankruptcy filings, changes to the Hudson capital lease without prior written consent of the lender, violations of the restrictions on transfers, incurrence of additional debt, or encumbrances of the property of the borrowers. The nonrecourse carveout guaranty prohibits the payment of dividends on or repurchase of the Company’s common stock. As of September 30, 2015, the Company was in compliance with these covenants. (b) Clift Debt In October 2004, Clift Holdings LLC (“Clift Holdings”), a subsidiary of the Company, sold the Clift hotel to an unrelated party for $71.0 million and then leased it back for a 99-year lease term. Under this lease, Clift Holdings is required to fund operating expenditures including the lease payments and to fund all capital expenditures. This transaction did not qualify as a sale due to the Company’s continued involvement and therefore is treated as a financing. The lease agreement provides for base annual rent of approximately $6.0 million per year until October 2014 with increases each five years thereafter. As a result of the first such increase, effective October 14, 2014, the annual rent increased to $7.6 million. Base rent increases by a formula tied to increases in the Consumer Price Index, with a maximum increase of 20% and a minimum increase of 10% at each five-year rent increase date thereafter. The lease is nonrecourse to the Company. Morgans Group also entered into an agreement, dated September 17, 2010, whereby Morgans Group agreed to guarantee losses of up to $6.0 million suffered by the lessors in the event of certain “bad boy” type acts. As of September 30, 2015, there had been no triggering event that would require the Company to recognize a liability related to this guarantee. (c) Liability to Subsidiary Trust Issuing Preferred Securities On August 4, 2006, a trust formed by the Company, MHG Capital Trust I (the “Trust”), issued $50.0 million in trust preferred securities in a private placement. The Company owns all of the $0.1 million of outstanding common stock of the Trust. The Trust used the proceeds of these transactions to purchase $50.1 million of junior subordinated notes issued by the Company’s operating company and guaranteed by the Company (the “Trust Notes”) which mature on October 30, 2036. The sole assets of the Trust consist of the Trust Notes. The terms of the Trust Notes are substantially the same as preferred securities issued by the Trust. The Trust Notes and the preferred securities have a fixed interest rate of 8.68% until October 2016, after which the interest rate will float and reset quarterly at the three-month LIBOR rate plus 3.25% per annum. The Trust Notes are redeemable by the Trust, at the Company’s option, at par, and the Company has not redeemed any Trust Notes. To the extent the Company redeems the Trust Notes, the Trust is required to redeem a corresponding amount of preferred securities. The Company has identified that the Trust is a variable interest entity under ASC 810-10. Based on management’s analysis, the Company is not the primary beneficiary of the trust. Accordingly, the Trust is not consolidated into the Company’s financial statements. The Company accounts for the investment in the common stock of the Trust under the equity method of accounting. In the event the Company were to undertake a transaction that was deemed to constitute a transfer of its properties and assets substantially as an entirety within the meaning of the indenture, the Company may be required to repay the Trust Notes prior to their maturity or obtain the trustee’s consent in connection with such transfer. (d) Restaurant Lease Note As discussed in note 2, in August 2012, the Company acquired the leasehold interests in three food and beverage venues at Mandalay Bay from an existing tenant for $15.0 million in cash at closing and the issuance of a principal-only $10.6 million Restaurant Lease Note to be paid over seven years. The Restaurant Lease Note does not bear interest except in the event of default, as defined in the agreement. In accordance with ASC 470, Debt (e) Capital Lease Obligations The Company has leased two condominium units at Hudson from unrelated third-parties, which are reflected as capital leases. One of the leases requires the Company to make annual payments, currently $649,728 (subject to increases due to increases in the Consumer Price Index), through November 2096. This lease also allows the Company to purchase, at its option, the unit at fair market value after November 2015. The second lease requires the Company to make annual payments, currently $365,490 (subject to increases due to increases in the Consumer Price Index), through December 2098. The Company has allocated both lease payments between the land and building based on their estimated fair values. The portion of the payments allocated to the building has been capitalized at the present value of the future minimum lease payments. The portion of the payments allocable to the land is treated as operating lease payments. The imputed interest rate on both of these leases is 8%, which is based on the Company’s incremental borrowing rate at the time the lease agreement was executed. The capital lease obligations related to the units amounted to approximately $6.1 million as of September 30, 2015 and December 31, 2014. Substantially all of the principal payments on the capital lease obligations are due at the end of the lease agreements. (f) Repaid and Retired Debt Hudson Mortgage and Mezzanine Loan. On November 14, 2012, certain of the Company’s subsidiaries entered into the Hudson 2012 Mortgage Loan, a mortgage financing with UBS Real Estate Securities Inc., as lender, consisting of a $180.0 million nonrecourse mortgage loan, secured by Hudson, which was fully-funded at closing. The Hudson 2012 Mortgage Loan bore interest at a reserve adjusted blended rate of 30-day LIBOR (with a minimum of 0.50%) plus 840 basis points. The Company maintained an interest rate cap for the amount of the Hudson 2012 Mortgage Loan that capped the 30-day LIBOR rate on the debt under the Hudson 2012 Mortgage Loan at approximately 2.5% through the maturity date. In connection with the Hudson/Delano 2014 Mortgage Loan, the Hudson 2012 Mortgage Loan was terminated after repayment of the outstanding debt thereunder in February 2014. TLG Promissory Notes. The TLG Promissory Notes were scheduled to mature in November 2015 and could have been voluntarily prepaid, in full or in part, at any time. The TLG Promissory Notes earned interest at an annual rate of 8%, provided that if the notes were not paid or converted on or before November 30, 2014, the interest rate increased to 18%. The TLG Promissory Notes also provided that 75% of the accrued interest was payable quarterly in cash and the remaining 25% accrued and was included in the principal balance which is payable at maturity. In December 2014, the Company used cash on hand to repay and retire $19.1 million of outstanding TLG Promissory Notes, which included the original principal balance of $18.0 million plus deferred interest of $1.1 million. As discussed further in note 8, on August 5, 2013, Messrs. Sasson and Masi filed a lawsuit in the Supreme Court of the State of New York against TLG Acquisition and Morgans Group alleging, among other things, breach of contract and an event of default under the TLG Promissory Notes. Although the TLG Promissory Notes were repaid and retired in December 2014, this lawsuit remains pending in connection with issues related primarily to the interest rates applicable to the TLG Promissory Notes. Convertible Notes. On October 17, 2007, the Company issued $172.5 million aggregate principal amount of 2.375% Senior Subordinated Convertible Notes in a private offering. Net proceeds from the offering were approximately $166.8 million. Throughout 2014, the Company repurchased an aggregate of $123.4 million of outstanding Convertible Notes for an amount equal to their principal balance plus accrued interest. On October 15, 2014, the Convertible Notes matured and the Company repaid the outstanding principal amount of $49.1 million with cash on hand. All Convertible Notes were retired upon repayment. The Company followed ASC 470-20, Debt with Conversion and Other Options Delano Credit Facility. On July 28, 2011, the Company and certain of its subsidiaries (collectively, the “Borrowers”), entered into a secured credit agreement with Deutsche Bank Securities Inc. as sole lead arranger, Deutsche Bank Trust Company Americas, as agent, and the lenders party thereto. The credit agreement provided commitments for the Delano Credit Facility, a $100.0 million revolving credit facility and included a $15.0 million letter of credit sub-facility. The interest rate applicable to loans outstanding on the Delano Credit Facility was a floating rate of interest per annum, at the Borrowers’ election, of either LIBOR (subject to a LIBOR floor of 1.00%) plus 4.00%, or a base rate, as defined in the agreement, plus 3.00%. In addition, a commitment fee of 0.50% applied to the unused portion of the commitments under the Delano Credit Facility. In connection with the closing of the Hudson/Delano 2014 Mortgage Loan, described above, the Delano Credit Facility was terminated after repayment of the outstanding debt thereunder in February 2014.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	7. Commitments and Contingencies Hotel Development Related Commitments In order to obtain long-term management, franchise and license contracts, the Company may commit to contribute capital in various forms on hotel development projects. These include equity investments, key money, and cash flow guarantees to hotel owners. The cash flow guarantees generally have a stated maximum amount of funding and a defined term. The terms of the cash flow guarantees to hotel owners generally require the Company to fund if the hotels do not attain specified levels of operating profit. Cash flow guarantees to hotel owners may be recoverable as loans repayable to the Company out of future hotel cash flows and/or proceeds from the sale of hotels. As of September 30, 2015 , T he Company has signed management, license or franchise agreements for new hotels which are in various stages of development. As of September 30, 2015, these included the following: Expected Room Count Anticipated Opening Initial Term Hotels Currently Under Construction or Renovation: Mondrian Doha 270 2016 30 years Delano Dubai 110 2017 20 years Other Signed Agreements: Mondrian Dubai 235 15 years Delano Aegean Sea 150 20 years Delano Cartagena 211 20 years There can be no assurances that any or all of the Company’s projects listed above will be developed as planned. If adequate project financing is not obtained, these projects may need to be limited in scope, deferred or cancelled altogether, in which case the Company may be unable to recover any previously funded key money, equity investments or debt financing. Other Guarantees to Hotel Owners As discussed above, the Company has provided certain cash flow guarantees to hotel owners in order to secure management contracts. The Company’s hotel management agreements for Royalton and Morgans contain cash flow guarantee performance tests that stipulate certain minimum levels of operating performance. These performance test provisions give the Company the option to fund a shortfall in operating performance limited to the Company’s earned base fees. If the Company chooses not to fund the shortfall, the hotel owner has the option to terminate the management agreement. Historically, the Company has funded the shortfall and as of September 30, 2015, approximately $ 0.7 Additionally, the Company is currently subject to performance tests under certain other of its hotel management agreements, which could result in early termination of the Company’s hotel management agreements. As of September Operating Joint Venture Hotels Commitments and Guarantees The following details obligations the Company has or may have related to its operating and former joint venture hotels as of September 30, 2015. Mondrian South Beach Mortgage and Mezzanine Agreements . Morgans Group and affiliates of its joint venture partner have agreed to provide standard nonrecourse carve-out guarantees and provide certain limited indemnifications for the Mondrian South Beach mortgage and mezzanine loans. In the event of a default, the lenders’ recourse is generally limited to the mortgaged property or related equity interests, subject to standard nonrecourse carve-out guarantees for “bad boy” type acts. Morgans Group and affiliates of its joint venture partner also agreed to guarantee the joint venture’s obligation to reimburse certain expenses incurred by the lenders and indemnify the lenders in the event such lenders incur liability in connection with certain third-party actions. Morgans Group and affiliates of its joint venture partner have also guaranteed the joint venture’s liability for the unpaid principal amount of any seller financing note provided for condominium sales if such financing or related mortgage lien is found unenforceable, provided they shall not have any liability if the seller financed unit becomes subject to the lien of the lender’s mortgage or title to the seller financed unit is otherwise transferred to the lender or if such seller financing note is repurchased by Morgans Group and/or affiliates of its joint venture at the full amount of unpaid principal balance of such seller financing note. The Company and affiliates of its joint venture partner also have each agreed to purchase approximately $14.0 million of condominium units under certain conditions, including an event of default. In the event of a default under the lender’s mortgage or mezzanine loan, the joint venture partners are each obligated to purchase selected condominium units, at agreed-upon sales prices, having aggregate sales prices equal to 1/2 of the lesser of $28.0 million, which is the face amount outstanding on the lender’s mezzanine loan, or the then outstanding principal balance of the lender’s mezzanine loan. The joint venture is not currently in an event of default under the mortgage or mezzanine loan. As of September 30, 2015, there had been no triggering event that would require the Company to recognize a liability related to the construction completion or the condominium purchase guarantees. Ames. On April 26, 2013, the joint venture closed on a new loan agreement with the mortgage lenders that provided for a reduction of the mortgage debt and an extension of maturity in return for a cash paydown. The Company did not contribute to the cash paydown and instead entered into an agreement with its joint venture partner pursuant to which, among other things, (1) the Company assigned its equity interests in the joint venture to its joint venture partner, (2) the Company agreed to give its joint venture partner the right to terminate its management agreement upon 60 days’ prior notice in return for an aggregate payment of $1.8 million, and (3) a creditworthy affiliate of the Company’s joint venture partner has assumed all or a portion of the Company’s potential liability with respect to historic tax credit guarantees, with the Company’s liability for any tax credit guarantees capped, in any event, at $3.0 million in the aggregate. The potential liability for historic tax credit guarantees relates to approximately $16.9 million of federal and state historic rehabilitation tax credits that Ames qualified for at the time of its development. As of September 30, 2015, there had been no triggering event that would require the Company to accrue any potential liability related to the historic tax credit guarantee. Litigation Regarding Mondrian SoHo On January 16, 2013, German American Capital Corporation (“GACC” or the “lender”), the lender for the mortgage loans on the Mondrian SoHo property, filed a complaint in the Supreme Court of the State of New York, County of New York against Sochin Downtown Realty, LLC, the joint venture that then owned Mondrian SoHo (“Sochin JV”), Morgans Hotel Group Management, LLC (“Morgans Management”), the then manager for the hotel, Morgans Group, Happy Bar LLC and MGMT LLC, seeking foreclosure including, among other things, the sale of the mortgaged property free and clear of the management agreement, entered into between Sochin JV and Morgans Management on June 27, 2007, as amended on July 30, 2010. According to the complaint, Sochin JV defaulted by failing to repay the approximately $217.0 million outstanding on the loans when they became due on November 15, 2012. Cape Advisors Inc. indirectly owned 80% of the equity interest in Sochin JV and Morgans Group indirectly owned the remaining 20% equity interest. A foreclosure judgment was issued on November 25, 2014 and the foreclosure sale was held on January 7, 2015, at which GACC was the sole and winning bidder. GACC had an agreement to assign its bid to 9 Crosby LLC, an affiliate of Sapir, a New York-based real estate development and management organization. In connection with that contract, GACC and Sapir agreed to terminate the Company as manager of Mondrian SoHo. . On April 24, 2015, the court ordered Morgans to vacate the premises on or before April 27, 2015. Consistent with that order, Morgans ceased to manage Mondrian SoHo on April 27, 2015. On October 24, 2014, the Company filed suit in the Supreme Court of the State of New York seeking a declaration that the mortgage lenders to the Mondrian SoHo debt or Sapir could not remove it as hotel manager following the conclusion of the foreclosure proceedings. On October 2, 2015, the Company entered into a settlement agreement in connection with this litigation with the and the current owner of the hotel formerly known as Mondrian SoHo. Pursuant to the settlement agreement, the Company received a $10.0 million payment on October 2, 2015. The settlement agreement resolves all outstanding litigation related to Mondrian SoHo. Litigation Regarding Delano Marrakech In June 2013, the Company served the owner of Delano Marrakech with a notice of default for numerous breaches of the management agreement, including, among other things, failure to pay fees and reimbursable expenses and to operate the hotel in accordance with the standards under the management agreement. On September 12, 2013, the Company commenced arbitration with the owner pursuant to the management agreement to recover losses and damages suffered by the Company . In August 2015, the Company and the hotel owner executed a settlement agreement, pursuant to which the Company will receive a total of $2.5 million, with $1.3 million paid at signing in August 2015, and $1.2 million paid over a three-year period in quarterly payments of $0.1 million. Additionally, as stipulated by the settlement agreement, the Company is no longer obligated to fund cash flow guarantees. As a result of entry into the settlement agreement, in September 2015, the parties received the final award of the tribunal, which concluded the arbitration associated with this matter. Litigation Regarding TLG Promissory Notes On August 5, 2013, Messrs. Andrew Sasson and Andy Masi filed a lawsuit in the Supreme Court of the State of New York against TLG Acquisition LLC and Morgans Group LLC relating to the $18.0 million TLG Promissory Notes. See note 1 and note 7 regarding the background of the TLG Promissory Notes. The complaint alleged, among other things, a breach of contract and an event of default under the TLG Promissory Notes as a result of the Company’s failure to repay the TLG Promissory Notes following an alleged “Change of Control” that purportedly occurred upon the election of the Company’s current Board of Directors on June 14, 2013. The complaint sought payment of Mr. Sasson’s $16.0 million TLG Promissory Note and Mr. Masi’s $2.0 million TLG Promissory Note, plus interest compounded to principal, as well as default interest, and reasonable costs and expenses incurred in the lawsuit. On September 26, 2013, the Company filed a motion to dismiss the complaint in its entirety. On February 6, 2014, the court granted the Company’s motion to dismiss. On March 7, 2014, Messrs. Sasson and Masi filed a Notice of Appeal from this decision with the Appellate Division, First Department. On April 9, 2015, the Appellate Division, First Department, reversed the trial court’s decision, denying the motion to dismiss and remanding to the trial court for further proceedings. The Company filed a motion for reconsideration at the appellate court, which was denied on July 7, 2015. The Company filed its answer to the complaint with the trial court on May 11, 2015. On August 27, 2015, Messrs. Sasson and Masi filed a motion for partial summary judgment with the trial court and the Company filed its opposition to that motion on October 12, 2015. Environmental As a holder of real estate, the Company is subject to various federal, state and local environmental laws. Compliance by the Company with existing laws has not had an adverse effect on the Company and management does not believe that it will have a material adverse impact in the future. However, the Company cannot predict the impact of new or changed laws or regulations. Other Litigation The Company is involved in various lawsuits and administrative actions in the normal course of business, in addition to the other litigation noted above.

Omnibus Stock Incentive Plan

Omnibus Stock Incentive Plan	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Omnibus Stock Incentive Plan	8. Omnibus Stock Incentive Plan On February 9, 2006, the Board of Directors of the Company adopted the Morgans Hotel Group Co. 2006 Omnibus Stock Incentive Plan. Subsequently and on several occasions, the Company’s Board of Directors adopted, and stockholders approved, amendments to the Omnibus Stock Incentive Plan (the “Stock Plan”), namely to increase the number of shares reserved for issuance under the plan. As of June 30, 2015, the Stock Plan had 14,610,000 shares reserved for issuance. The Stock Plan provides for the issuance of stock-based incentive awards, including incentive stock options, non-qualified stock options, stock appreciation rights, shares of common stock of the Company, including restricted stock units (“RSUs”) and other equity-based awards, including membership units in Morgans Group which are structured as profits interests (“LTIP Units”), or any combination of the foregoing. The eligible participants in the Stock Plan include directors, officers and employees of the Company. Awards other than options and stock appreciation rights reduce the shares available for grant by 1.7 shares for each share subject to such an award. On July 1, 2015, the Company issued an aggregate of 28,068 RSUs, which vested immediately, to Jonathan A. Langer, pursuant to terms of a consulting agreement between the Company and Mr. Langer, discussed further in note 10. The estimated f air value of the RSUs granted was based on the closing price of the Company’s common stock on the grant date. The Company has granted, or may grant, RSUs to certain executives, employees or non-employee directors as part of future annual equity grants or to newly hired or promoted employees from time to time. A summary of stock-based incentive awards as of September 30, 2015 is as follows (in units, or shares, as applicable): Restricted Stock Units LTIP Units Stock Options Outstanding as of January 1, 2015 335,672 941,157 1,124,740 Granted during 2015 191,086 — — Distributed/exercised during 2015 (263,054 ) (27,734 ) — Forfeited or cancelled during 2015 (26,582 ) — (876,425 ) Outstanding as of September 30, 2015 237,122 913,423 248,315 Vested as of September 30, 2015 1,746 913,423 248,315 Total stock compensation expense, which is included in corporate expenses on the accompanying consolidated statements of comprehensive loss, was $0.5 $1.4 As of September 30, 2015 and December 31, 2014, there were approximately $ 1.1 0.8 years

Preferred Securities and Warran

Preferred Securities and Warrants	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Preferred Securities and Warrants	9. Preferred Securities and Warrants Preferred Securities and Warrants Held by Yucaipa Investors On October 15, 2009, the Company entered into a Securities Purchase Agreement with the Yucaipa Investors. Under the agreement, the Company issued and sold to the Yucaipa Investors (i) $75.0 million of preferred stock comprised of 75,000 shares of the Company’s Series A preferred securities, $1,000 liquidation preference per share, and (ii) warrants to purchase 12,500,000 shares of the Company’s common stock at an exercise price of $6.00 per share, or the Yucaipa Warrants, which are exercisable utilizing a cashless exercise method only, resulting in a net share issuance. The Series A preferred securities had an 8% dividend rate through October 15, 2014 and have a 10% dividend rate until October 15, 2016 and a 20% dividend rate thereafter. The Company has the option to accrue any and all dividend payments. The cumulative unpaid dividends have a dividend rate equal to the dividend rate on the Series A preferred securities. As of September 30, 2015, the Company had undeclared and unpaid dividends of approximately $52.4 million. The Company has the option to redeem any or all of the Series A preferred securities at par at any time. The Series A preferred securities have limited voting rights and only vote on the authorization to issue senior preferred securities, amendments to their certificate of designations and amendments to the Company’s charter that adversely affect the Series A preferred securities. For so long as the Yucaipa Investors own a majority of the outstanding Series A preferred securities, they also have consent rights, subject to certain exceptions and limitations, over transactions involving the acquisition of the Company by any third party, pursuant to which the Series A preferred securities are converted or otherwise reclassified into or exchanged for securities of another entity, and certain other transactions where a vote of the holders of the Series A preferred securities is required by law or the Company’s certificate of incorporation. As discussed in note 2, the Yucaipa Warrants to purchase 12,500,000 shares of the Company’s common stock at an exercise price of $6.00 per share have a 7-1/2 year term and are exercisable utilizing a cashless exercise method only, resulting in a net share issuance. In accordance with ASC 815-10-15, the Yucaipa Warrants are accounted for as equity instruments indexed to the Company’s stock. The Yucaipa Investors’ right to exercise the Yucaipa Warrants to purchase 12,500,000 shares of the Company’s common stock expires in April 2017. The exercise price and number of shares subject to the Yucaipa Warrants are both subject to anti-dilution adjustments. For so long as the Yucaipa Investors collectively own or have the right to purchase through exercise of the Yucaipa Warrants (assuming a cash rather than a cashless exercise) 875,000 shares of the Company’s common stock, the Company has agreed to use its reasonable best efforts to cause its Board of Directors to nominate and recommend to the Company’s stockholders the election of a person nominated by the Yucaipa Investors as a director of the Company and to use its reasonable best efforts to ensure that the Yucaipa Investors’ nominee is elected to the Company’s Board of Directors at each such meeting. If that nominee is not elected as a director at a meeting of stockholders, the Yucaipa Investors have certain Board of Director observer rights. Further, if the Company does not, within 30 days from the date of such meeting, create an additional seat on the Board of Directors and make available such seat to the nominee, the dividend rate on the Series A preferred securities increases by 4% during any time that a Yucaipa Investors’ nominee is not a member of the Company’s Board of Directors. From July 14, 2013 through May 14, 2014, the dividend rate was 12% as a result of the Yucaipa Investors’ nominee not being elected or appointed to the Company’s Board of Directors. On April 3, 2015, a Yucaipa Investors’ nominee was appointed to the Company’s Board of Directors, and was re-elected by shareholders at the Company’s annual meeting on May 13, 2015. Under the terms of the Securities Purchase Agreement, the Yucaipa Investors have consent rights over certain transactions for so long as they collectively own or have the right to purchase, assuming cashless exercise of the Yucaipa Warrants, 6,250,000 shares of the Company’s common stock, including (subject to certain exceptions and limitations): · the sale of substantially all of the Company’s assets to a third party; · the acquisition by the Company of a third party where the equity investment by the Company is $100.0 million or greater; · the acquisition of the Company by a third party; or · any change in the size of the Company’s Board of Directors to a number below 7 or above 9. The Yucaipa Investors are subject to certain standstill arrangements as long as they beneficially own over 15% of the Company’s common stock. The initial carrying value of the Series A preferred securities was recorded at its net present value less costs to issue on the date of issuance. The carrying value will be periodically adjusted for accretion of the discount. As of September 30, 2015, the value of the preferred securities was $69.9 million, which includes cumulative accretion of $21.8 million.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	10. Related Party Transactions The Company earned management fees, chain services reimbursements and fees for certain technical services and has receivables from hotels owned by unconsolidated joint ventures. These fees totaled approximately $ 0.4 1.9 As of September 30, 2015 and December 31, 2014, the Company had receivables from these affiliates of approximately $ 2.7 On May 7, 2015, the Company entered into a Consulting Agreement with Jonathan Langer, then a member of the Company’s Board of Directors, pursuant to which Mr. Langer was to provide consulting services to the Company, at the direction of the Board of Directors, in connection with the Company’s previously announced strategic alternatives process, as well as on-going financial and operating consulting services to the Company. Effective immediately upon the entering of the Consulting Agreement, Mr. Langer resigned from the Board of Directors. The members of the Audit Committee, together with a majority of the Board of Directors (excluding Mr. Langer), voted to approve the Consulting Agreement pursuant to the Company’s Related Persons Transaction Policy and Procedures. Under the terms of the Consulting Agreement, in consideration of the services Mr. Langer provided to the Company over the course of the prior year beyond his duties as a director, in May 2015, the Company paid Mr. Langer a one-time fee of $500,000, of which $250,000 was paid in cash and $250,000 was paid in common stock of the Company under the Stock Plan, which fully vested on the date of grant. Additionally, in July 2015, the Company paid Mr. Langer a quarterly consulting fee for the period from April 1, 2015 through June 30, 2015 totaling $375,000, of which $187,500 was paid in cash and $187,500 was paid in common stock of the Company under the Stock Plan, which fully vested on the date of grant. Effective September 15, 2015, Mr. Langer’s Consulting Agreement was terminated. In consideration of services rendered by Mr. Langer from July 1, 2015 through September 15, 2015, on October 6, 2015, the Company paid Mr. Langer a final payment amount of $550,000, of which $275,000 was paid in cash and $275,000 was paid in common stock of the Company under the Stock Plan, which fully vested on the date of grant.

Other Expenses

Other Expenses	9 Months Ended
	Sep. 30, 2015
Other Income And Expenses [Abstract]
Other Expenses	11. Other Expenses Restructuring and disposal costs These expenses primarily relate to costs incurred related to the Company’s corporate restructuring initiatives, such as professional fees, litigation and settlement costs, executive terminations and severance costs related to such restructuring initiatives, including the plan of termination implemented in March 2014 (the “Termination Plan”) that resulted in a workforce reduction of the Company’s corporate office employees, the Board of Directors’ strategic alterative review process costs, proxy contests, and gains and losses on asset disposals as part of major renovation projects. Restructuring and disposal costs consist of the following (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Restructuring costs $ 1,427 $ 1,113 $ 1,932 $ 4,208 Severance costs (120 ) 29 1,923 8,395 Loss (gain) on asset disposal — 3 (6 ) (234 ) $ 1,307 $ 1,145 $ 3,849 $ 12,369 As a result of the Termination Plan, which constituted a plan of termination under ASC 420, Exit or Disposal Cost Obligations Development costs These expenses primarily relate to transaction costs related to the acquisition or termination of projects, internal development payroll and other costs and pre-opening expenses incurred related to new concepts at existing hotel and the development of new hotels, and the write-off of abandoned development projects previously capitalized. Certain prior year amounts have been reclassified to conform to the current year presentation. Development costs consist of the following (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Transaction costs $ 296 $ 259 $ 629 $ 2,839 Internal development payroll and other 161 298 433 647 Pre-opening expenses — 7 — 442 $ 457 $ 564 $ 1,062 $ 3,928

Other Non-Operating Expenses

Other Non-Operating Expenses	9 Months Ended
	Sep. 30, 2015
Other Income And Expenses [Abstract]
Other Non-Operating Expenses	12. Other Non-Operating Expenses Other non-operating expenses primarily relate to costs associated with discontinued operations and previously owned hotels, both consolidated and unconsolidated, changes in the fair value of debt and equity instruments, miscellaneous litigation and settlement costs and other expenses that relate to the financing and investing activities of the Company. Other non-operating expenses consist of the following (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Settlement income $ (1,300 ) $ — $ (1,300 ) $ — Litigation costs 750 848 3,418 1,940 Other 438 (24 ) 977 10 $ (112 ) $ 824 $ 3,095 $ 1,950 As discussed further in note 7, in August 2015, the Company executed a settlement agreement with owner of Delano Marrakech pursuant to which the Company is to receive $2.5 million, of which $1.3 million was paid at signing and included above in ‘Settlement income’ for the three and nine months ended September 30, 2015. The Company will recognize the remaining $1.2 million settlement income as it is received.

Gain on Asset Sales

Gain on Asset Sales	9 Months Ended
	Sep. 30, 2015
Revenue Recognition [Abstract]
Gain on Asset Sales	13. Gain on Asset Sales Deferred Gain In 2011, the Company sold Mondrian Los Angeles, Royalton, Morgans, and its 50% equity interest in the joint venture that owned Sanderson and St Martins Lane. The Company continues to operate all of these hotels under long-term management agreements. In accordance with ASC 360-20, Property, Plant and Equipment, Real Estate Sales Gain on Sale of TLG Equity Interest On January 23, 2015, t he Company completed the TLG Equity Sale, as discussed in note 1, and received proceeds of $32.8 million, net of closing costs. In accordance with ASC 360-20, the Company recognized the full gain of $1.8 million on the sale of its interest in TLG during the nine months ended September 30, 2015.

Assets Held for Sale

Assets Held for Sale	9 Months Ended
	Sep. 30, 2015
Discontinued Operations And Disposal Groups [Abstract]
Assets Held for Sale	14. Assets Held for Sale In December 2014, the Company’s Board of Directors approved the TLG Equity Sale which included the sale of the Company’s ownership interests in TLG to Hakkasan, as discussed in note 1. The following sets forth TLG’s operations for the three and nine months ended September 30, 2015 and 2014 (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Management fees $ — $ 2,632 $ 351 $ 8,246 Corporate expenses — (1,970 ) (252 ) (2,792 ) Interest expense — (378 ) — (1,129 ) Depreciation and amortization expense — (1,469 ) (6 ) (4,401 ) Other non operating expenses — — — (5 ) Net loss attributable to noncontrolling interest — (73 ) (13 ) (602 ) Gain on asset sale — — 1,784 — (Loss) income from TLG $ — $ (1,258 ) $ 1,864 $ (683 )

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Event	15. Subsequent Event On November 4, 2015, the Company’s Board of Directors announced that it is executing on a new strategic plan to create long-term value for the Company and its stockholders, and is in the process of engaging a new President and Chief Executive Officer. Pursuant to the strategic plan, the Company will initiate a broker-marketed monetization of Hudson and Delano South Beach.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company consolidates all wholly-owned subsidiaries and variable interest entities in which the Company is determined to be the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. Entities which the Company does not control through voting interest and entities which are variable interest entities of which the Company is not the primary beneficiary are accounted for under the equity method. The consolidated financial statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished in the accompanying consolidated financial statements reflects all adjustments that, in the opinion of management, are necessary for a fair presentation of the aforementioned consolidated financial statements for the interim periods. Operating results for the three and nine months ended September 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. For further information, refer to the consolidated financial statements and accompanying footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Restricted Cash	Restricted Cash As required by certain debt and lease agreements, restricted cash consists of cash held in escrow accounts for taxes, ground rent, insurance programs, and debt service or lease payments. As further required by the debt and lease agreements related to hotels owned by the Company or one of its subsidiaries, the Company must set aside 4% of the hotels’ revenues in restricted escrow accounts for the future periodic replacement or refurbishment of furniture, fixtures and equipment. As replacements occur, the Company or its subsidiary is eligible for reimbursement from these escrow accounts. The Hudson/Delano 2014 Mortgage Loan, defined and discussed below in note 6, provides that, in the event the debt yield ratio falls below certain defined thresholds, all cash flows from Hudson and Delano South Beach are deposited into accounts controlled by the lenders from which debt service and operating expenses, including management fees, are paid and from which other reserve accounts may be funded. Any excess amounts will be retained by the lenders until the debt yield ratio exceeds the required thresholds for two consecutive calendar quarters. As of September 30, 2015, the debt yield ratio exceeded the required threshold.
Assets Held for Sale	Assets Held for Sale The Company considers properties to be assets held for sale when management approves and commits to a formal plan to actively market a property or a group of properties for sale and the sale is probable. Upon designation as an asset held for sale, the Company records the carrying value of each property or group of properties at the lower of its carrying value, which includes allocable goodwill, or its estimated fair value, less estimated costs to sell, and the Company stops recording depreciation expense. Any gain realized in connection with the sale of the properties for which the Company has significant continuing involvement, such as through a long-term management agreement, is deferred and recognized over the initial term of the related management agreement. The Company adopted Accounting Standards Update (“ASU”) No. 2014-08 (“ASU 2014-08”), “ Presentation of Financial Statements and Property, Plant and Equipment; Reporting Discontinued Operations and Disclosures of Components of an Entity In December 2014, the Company’s Board of Directors approved the TLG Equity Sale, as discussed in note 1. F or the year ended December 31, 2014, the Company classified the assets and liabilities related to TLG as assets held for sale. The Company’s assets related to TLG included its investment in the TLG management contracts, which were amortized using the straight line method, over the life of each applicable management contract prior to the Company’s reclassification of these assets to assets held for sale, goodwill, and some intangible assets. The Company’s liabilities related to TLG were payables which were incurred in the normal course of its operation.
Investments in and Advances to Unconsolidated Joint Ventures	Investments in and Advances to Unconsolidated Joint Ventures The Company accounts for its investments in unconsolidated joint ventures using the equity method as it does not exercise control over significant business decisions such as buying, selling or financing nor is it the primary beneficiary under ASC 810-10, as discussed above. Under the equity method, the Company increases its investment for its proportionate share of net income and contributions to the joint venture and decreases its investment balance by recording its proportionate share of net loss and distributions. Once the Company’s investment balance in an unconsolidated joint venture is zero, the Company suspends recording additional losses. For investments in which there is recourse or unfunded commitments to provide additional equity, distributions and losses in excess of the investment are recorded as a liability. As of September 30, 2015, there were no liabilities required to be recorded related to these investments.
Other Assets	Other Assets In October 2014, the Company funded an approximately $15.3 million key money obligation related to Mondrian London, which is included in Other Assets and is being amortized over the term of the hotel management agreement. In August 2012, the Company entered into a 10-year licensing agreement with MGM, with two five-year extensions at the Company’s option subject to performance thresholds, to convert THEhotel to Delano Las Vegas. Delano Las Vegas opened in September 2014. In addition, the Company acquired the leasehold interests in three food and beverage venues at Mandalay Bay in Las Vegas from an existing tenant for $15.0 million in cash at closing and a deferred, principal-only $10.6 million promissory note (“Restaurant Lease Note”) to be paid over seven years, which the Company recorded at fair value as of the date of issuance at $7.5 million, as discussed in note 6. The food and beverage venues were, and continue to be, managed by TLG. The three food and beverage venues are operated pursuant to 10-year operating leases with an MGM affiliate, pursuant to which the Company pays minimum annual lease payments and a percentage rent based on cash flow. The Company allocated the total consideration paid, or to be paid, to the license agreement and the restaurant leasehold asset based on their respective fair values. Further, as of September 30, 2015, other assets also include deferred financing costs which are being amortized, using the straight line method, which approximates the effective interest rate method, over the terms of the related debt agreements.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC 740-10, Income Taxes The Company’s deferred tax assets are recorded net of a valuation allowance when, based on the weight of available evidence, it is more likely than not that some portion or all of the recorded deferred tax assets will not be realized in future periods. Decreases to the valuation allowance are recorded as reductions to the Company’s provision for income taxes and increases to the valuation allowance result in additional provision for income taxes. The realization of the Company’s deferred tax assets, net of the valuation allowance, is primarily dependent on estimated future taxable income. A change in the Company’s estimate of future taxable income may require an addition to or reduction from the valuation allowance. The Company has established a reserve on its deferred tax assets based on anticipated future taxable income and tax strategies which may include the sale of property or an interest therein. All of the Company’s foreign subsidiaries are subject to local jurisdiction corporate income taxes. Income tax expense is reported at the applicable rate for the periods presented. Income taxes for the three and nine months ended September 30, 2015 and 2014 were computed using the Company’s effective tax rate.
Credit-risk-related Contingent Features	Credit-risk-related Contingent Features The Company has entered into warrant agreements with Yucaipa American Alliance Fund II, L.P. and Yucaipa American Alliance (Parallel) Fund II, L.P., (collectively, the “Yucaipa Investors”), as discussed in note 9, to purchase a total of 12,500,000 shares of the Company’s common stock at an exercise price of $6.00 per share (the “Yucaipa Warrants”). In addition, subject to the terms of the Securities Purchase Agreement, the Yucaipa Investors have certain consent rights over certain transactions for so long as they collectively own or have the right to purchase through exercise of the Yucaipa Warrants 6,250,000 shares of the Company’s common stock. The Yucaipa Warrants are exercisable utilizing a cashless exercise method only, resulting in a net share issuance.
Fair Value Measurements	Fair Value Measurements ASC 820-10, Fair Value Measurements and Disclosures ASC 820-10 emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, ASC 820-10 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liability, which is typically based on an entity’s own assumptions, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to the asset or liability. Currently, the Company uses interest rate caps to manage its interest rate risk. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. To comply with the provisions of ASC 820-10, the Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of September 30, 2015 and December 31, 2014, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives. Accordingly, all derivatives have been classified as Level 2 fair value measurements. As of September 30, 2015, the Company had three interest rate caps outstanding and the fair value of these interest rate caps was zero. In connection with the three restaurant leases in Las Vegas, the Company issued the Restaurant Lease Note to be paid over seven years. The Restaurant Lease Note does not bear interest except in the event of default, as defined by the agreement. In accordance with ASC 470, Debt During the nine months ended September 30, 2015, the Company recognized non-cash impairment charges of $3.9 million related to the Company’s investment in Mondrian Istanbul, which was recorded in impairment loss and equity in income of investment in unconsolidated joint venture, and a loss of $0.6 million on receivables from an unconsolidated joint venture. The Company’s estimated fair value relating to these impairment assessments was based primarily upon Level 3 measurements, including the assets’ expected cash flow, market conditions, and settlement discussions with the Company’s Mondrian Istanbul joint venture partner.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Disclosures about fair value of financial instruments are based on pertinent information available to management as of the valuation date. Considerable judgment is necessary to interpret market data and develop estimated fair values. Accordingly, the estimates presented are not necessarily indicative of the amounts at which these instruments could be purchased, sold, or settled. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. The Company’s financial instruments include cash and cash equivalents, accounts receivable, restricted cash, accounts payable and accrued liabilities, and fixed and variable rate debt. Management believes the carrying amount of the aforementioned financial instruments, excluding fixed-rate debt, is a reasonable estimate of fair value as of September 30, 2015 and December 31, 2014 due to the short-term maturity of these items or variable market interest rates. The Company had fixed rate debt of $55.1 million and $55.8 million as of September September Although the Company has determined that the majority of the inputs used to value its fixed rate debt fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its fixed rate debt utilize Level 3 inputs, such as estimates of current credit spreads. However, as of September 30, 2015 and December 31, 2014, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its fixed rate debt and determined that the credit valuation adjustments are not significant to the overall valuation of its fixed rate debt. Accordingly, all derivatives have been classified as Level 2 fair value measurements.
Stock-based Compensation	Stock-based Compensation The Company accounts for stock based employee compensation using the fair value method of accounting described in ASC 718-10. For share grants, total compensation expense is based on the price of the Company’s stock at the grant date. For option grants, the total compensation expense is based on the estimated fair value using the Black-Scholes option-pricing model. Compensation expense is recorded ratably over the vesting period.
Redeemable Noncontrolling Interest	Redeemable Noncontrolling Interest Due to the redemption feature associated with the Sasson-Masi Put Options, the Company initially classified the noncontrolling interest in temporary equity in accordance with the Securities and Exchange Commission’s guidance as codified in ASC 480-10, Distinguishing Liabilities from Equity
Noncontrolling Interest	Noncontrolling Interest The Company follows ASC 810-10, when accounting and reporting for noncontrolling interests in a consolidated subsidiary and the deconsolidation of a subsidiary. Under ASC 810-10, the Company reports noncontrolling interests in subsidiaries as a separate component of stockholders’ equity (deficit) in the consolidated financial statements and reflects net income (loss) attributable to the noncontrolling interests and net income (loss) attributable to the common stockholders on the face of the consolidated statements of comprehensive loss. The membership units in Morgans Group, the Company’s operating company, owned by the Former Parent are presented as a noncontrolling interest in Morgans Group in the consolidated balance sheets and were approximately $ 0.5
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2015, the FASB issued ASU No. 2015-15 (“ASU 2015-15”), “ Interest—Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting Interest – Imputation of Interest
Reclassifications	Reclassifications Certain prior period financial statement amounts have been reclassified to conform to the current period presentation.

Organization and Formation Tr23

Organization and Formation Transaction (Tables)	9 Months Ended
	Sep. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Hotels	The Company’s hotels as of September 30, 2015 were as follows: Hotel Name Location Number of Rooms Interest Hudson New York, 878 (1 ) Morgans New York, NY 117 (2 ) Royalton New York, NY 168 (2 ) Delano South Beach Miami Beach, FL 194 (3 ) Mondrian South Beach Miami Beach, FL 215 (4 ) Shore Club Miami Beach, FL 308 (5 ) Mondrian Los Angeles Los Angeles, CA 236 (2 ) Clift San Francisco, CA 372 (6 ) Sanderson London, England 150 (2 ) St Martins Lane London, England 204 (2 ) Mondrian London at Sea Containers London, England 359 (2 ) Delano Las Vegas Las 1,117 (7 ) 10 Karakoy Istanbul, Turkey 71 (8 ) (1) The Company owns 100% of Hudson through its subsidiary, Henry Hudson Holdings LLC, which is part of a property that is structured as a condominium, in which Hudson constitutes 96% of the square footage of the entire building. As of September 30, 2015, Hudson had 878 guest rooms and 60 single room dwelling units (“SROs”). (2) Operated under a management contract. (3) Wholly-owned hotel. ( 4 ) Operated as a condominium hotel under a management contract and owned through a 50/50 unconsolidated joint venture. As of September 30, 2015 , 276 hotel residences had been sold, of which 156 are in the hotel rental pool and are included in the hotel room count, and 59 hotel residences remain to be sold. See note 4. ( 5 ) Operated under a management contract. As of September 30, 2015, the Company had an immaterial contingent profit participation equity interest. ( 6 ) The hotel is operated under a long-term lease which is accounted for as a financing. See note 6. ( 7 ) A licensed hotel managed by MGM. ( 8 ) A franchised hotel.

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Components of Basic and Diluted Loss Per Share Calculations	The table below details the components of the basic and diluted loss per share calculations (in thousands, except for per share data). The Company has not had any undistributed earnings in any calendar quarter presented. Therefore, the Company does not present earnings per share following the two-class method. Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Numerator: Net loss $ (7,510 ) $ (10,095 ) $ (27,002 ) $ (43,493 ) Net loss (income) attributable to noncontrolling interest 15 (48 ) 42 (504 ) Net loss attributable to Morgans Hotel Group Co. (7,495 ) (10,143 ) (26,960 ) (43,997 ) Less: preferred stock dividends and accretion 4,263 3,594 12,248 11,948 Net loss attributable to common stockholders $ (11,758 ) $ (13,737 ) $ (39,208 ) $ (55,945 ) Denominator: Weighted average basic common shares outstanding 34,618 34,267 34,500 34,047 Effect of dilutive securities — — — — Weighted average diluted common shares outstanding 34,618 34,267 34,500 34,047 Basic and diluted loss available to common stockholders per common share $ (0.34 ) $ (0.40 ) $ (1.14 ) $ (1.64 )

Investments in and Advances t25

Investments in and Advances to Unconsolidated Joint Ventures (Tables)	9 Months Ended
	Sep. 30, 2015
Equity Method Investments And Joint Ventures [Abstract]
Investments in and Advances to Unconsolidated Joint Ventures and Equity Losses	The Company’s investments in and advances to unconsolidated joint ventures and its equity in losses of unconsolidated joint ventures are summarized as follows (in thousands): Investments Entity As of September 30, 2015 As of December 31, 2014 Mondrian Istanbul $ — $ 10,392 Other 100 100 Total investments in and advances to unconsolidated joint ventures $ 100 $ 10,492

Debt and Capital Lease Obliga26

Debt and Capital Lease Obligations (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt and Capital Lease Obligations	Debt and capital lease obligations consists of the following (in thousands): Description As of September 30, 2015 As of December 31, 2014 Interest rate at September 30, 2015 Hudson/Delano Mortgage (a) $ 450,000 $ 450,000 5.85% (LIBOR Clift debt (b) 94,984 93,829 9.60% Liability to subsidiary trust (c) 50,100 50,100 8.68% Restaurant Lease Note (d) 5,022 5,709 (d) Capital lease obligations (e) 6,105 6,105 (e) Debt and capital lease obligation $ 606,211 $ 605,743

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
License or Franchise Agreements for New Hotels Which are in Development Stage	T he Company has signed management, license or franchise agreements for new hotels which are in various stages of development. As of September 30, 2015, these included the following: Expected Room Count Anticipated Opening Initial Term Hotels Currently Under Construction or Renovation: Mondrian Doha 270 2016 30 years Delano Dubai 110 2017 20 years Other Signed Agreements: Mondrian Dubai 235 15 years Delano Aegean Sea 150 20 years Delano Cartagena 211 20 years

Omnibus Stock Incentive Plan (T

Omnibus Stock Incentive Plan (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock-based Incentive Awards	A summary of stock-based incentive awards as of September 30, 2015 is as follows (in units, or shares, as applicable): Restricted Stock Units LTIP Units Stock Options Outstanding as of January 1, 2015 335,672 941,157 1,124,740 Granted during 2015 191,086 — — Distributed/exercised during 2015 (263,054 ) (27,734 ) — Forfeited or cancelled during 2015 (26,582 ) — (876,425 ) Outstanding as of September 30, 2015 237,122 913,423 248,315 Vested as of September 30, 2015 1,746 913,423 248,315

Other Expenses (Tables)

Other Expenses (Tables)	9 Months Ended
	Sep. 30, 2015
Other Income And Expenses [Abstract]
Restructuring and Disposal Costs	Restructuring and disposal costs consist of the following (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Restructuring costs $ 1,427 $ 1,113 $ 1,932 $ 4,208 Severance costs (120 ) 29 1,923 8,395 Loss (gain) on asset disposal — 3 (6 ) (234 ) $ 1,307 $ 1,145 $ 3,849 $ 12,369
Development Costs	Development costs consist of the following (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Transaction costs $ 296 $ 259 $ 629 $ 2,839 Internal development payroll and other 161 298 433 647 Pre-opening expenses — 7 — 442 $ 457 $ 564 $ 1,062 $ 3,928

Other Non-Operating Expenses (T

Other Non-Operating Expenses (Tables)	9 Months Ended
	Sep. 30, 2015
Other Income And Expenses [Abstract]
Other Non-Operating Expenses	Other non-operating expenses consist of the following (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Settlement income $ (1,300 ) $ — $ (1,300 ) $ — Litigation costs 750 848 3,418 1,940 Other 438 (24 ) 977 10 $ (112 ) $ 824 $ 3,095 $ 1,950

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	9 Months Ended
	Sep. 30, 2015
Discontinued Operations And Disposal Groups [Abstract]
Summary of TLG's Operations	The following sets forth TLG’s operations for the three and nine months ended September 30, 2015 and 2014 (in thousands): Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2014 Management fees $ — $ 2,632 $ 351 $ 8,246 Corporate expenses — (1,970 ) (252 ) (2,792 ) Interest expense — (378 ) — (1,129 ) Depreciation and amortization expense — (1,469 ) (6 ) (4,401 ) Other non operating expenses — — — (5 ) Net loss attributable to noncontrolling interest — (73 ) (13 ) (602 ) Gain on asset sale — — 1,784 — (Loss) income from TLG $ — $ (1,258 ) $ 1,864 $ (683 )

Organization and Formation Tr32

Organization and Formation Transaction - Additional Information (Detail) $ in Thousands	Jan. 23, 2015USD ($)	Nov. 30, 2011USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2015USD ($)Segment	Sep. 30, 2014	Feb. 01, 2006shares
Organization and Formation Transaction [Line Items]
Date of incorporation				Oct. 19, 2005
Incorporated state				Delaware
Membership units exchangeable for common stock | shares						1,000,000
Number of reportable operating segments | Segment				1
Proceeds from Equity Sale				$ 30,806
Liability related to indemnification obligations			$ 13,900	13,900
Hakkasan Holdings LLC
Organization and Formation Transaction [Line Items]
Cash to be paid on exercise of minority holder put rights	$ 3,600
Cash paid on exercise of minority holder put rights				3,600
Hakkasan Holdings LLC | Maximum
Organization and Formation Transaction [Line Items]
Future ownership interest option	49.00%
The Light Group | Hakkasan Holdings LLC
Organization and Formation Transaction [Line Items]
Equity interest sold	90.00%
Proceeds from Equity Sale	$ 32,800
The Light Group | Hakkasan Holdings LLC | Indemnification Guarantee
Organization and Formation Transaction [Line Items]
Liability related to indemnification obligations				200
T L G Promissory Note
Organization and Formation Transaction [Line Items]
Debt instrument, face value			18,000
Deferred interest			1,100
The Light Group Purchase
Organization and Formation Transaction [Line Items]
Ownership interest owned		90.00%
Cash paid for acquisition		$ 28,500
The Light Group Purchase | T L G Promissory Note
Organization and Formation Transaction [Line Items]
Promissory notes issued to acquire business		$ 18,000
Repayments of outstanding promissory notes			19,100
Debt instrument, face value			18,000
Deferred interest			$ 1,100
Sasson-Masi Put Options
Organization and Formation Transaction [Line Items]
Minority equity interest percentage	10.00%
Estimated aggregate purchase price				5,000
Cash paid on exercise of minority holder put rights				$ 1,400
International Locations | Geographic Concentration Risk | Total Revenues
Organization and Formation Transaction [Line Items]
Percentage of revenues				6.40%	5.50%

Hotels (Detail)

Hotels (Detail)	Sep. 30, 2015Room
Hudson
Entity Hotels Disclosure [Line Items]
Number of Rooms	878
Hudson | New York, NY
Entity Hotels Disclosure [Line Items]
Number of Rooms	878	[1]
Morgans | New York, NY
Entity Hotels Disclosure [Line Items]
Number of Rooms	117	[2]
Royalton | New York, NY
Entity Hotels Disclosure [Line Items]
Number of Rooms	168	[2]
Delano South Beach | Miami Beach, FL
Entity Hotels Disclosure [Line Items]
Number of Rooms	194	[3]
Mondrian South Beach | Miami Beach, FL
Entity Hotels Disclosure [Line Items]
Number of Rooms	215	[4]
Shore Club | Miami Beach, FL
Entity Hotels Disclosure [Line Items]
Number of Rooms	308	[5]
Mondrian Los Angeles | Los Angeles, CA
Entity Hotels Disclosure [Line Items]
Number of Rooms	236	[2]
Clift | San Francisco, CA
Entity Hotels Disclosure [Line Items]
Number of Rooms	372	[6]
Sanderson | London, England
Entity Hotels Disclosure [Line Items]
Number of Rooms	150	[2]
St Martins Lane | London, England
Entity Hotels Disclosure [Line Items]
Number of Rooms	204	[2]
Mondrian London at Sea Containers | London, England
Entity Hotels Disclosure [Line Items]
Number of Rooms	359	[2]
Delano Las Vegas | Las Vegas, Nevada
Entity Hotels Disclosure [Line Items]
Number of Rooms	1,117	[7]
10 Karakoy | Istanbul, Turkey
Entity Hotels Disclosure [Line Items]
Number of Rooms	71	[8]
[1]	The Company owns 100% of Hudson through its subsidiary, Henry Hudson Holdings LLC, which is part of a property that is structured as a condominium, in which Hudson constitutes 96% of the square footage of the entire building. As of September 30, 2015, Hudson had 878 guest rooms and 60 single room dwelling units (“SROs”).
[2]	Operated under a management contract.
[3]	Wholly-owned hotel.
[4]	Operated as a condominium hotel under a management contract and owned through a 50/50 unconsolidated joint venture. As of September 30, 2015, 276 hotel residences had been sold, of which 156 are in the hotel rental pool and are included in the hotel room count, and 59 hotel residences remain to be sold. See note 4.
[5]	Operated under a management contract. As of September 30, 2015, the Company had an immaterial contingent profit participation equity interest.
[6]	The hotel is operated under a long-term lease which is accounted for as a financing. See note 6.
[7]	A licensed hotel managed by MGM.
[8]	A franchised hotel.

Hotels (Parenthetical) (Detail)

Hotels (Parenthetical) (Detail)	Sep. 30, 2015RoomHotel
Hudson
Entity Hotels Disclosure [Line Items]
Ownership interest owned	100.00%
Percentage of square footage of building owned	96.00%
Number of Rooms | Room	878
Number of SROs | Room	60
Mondrian South Beach
Entity Hotels Disclosure [Line Items]
Equity ownership	50.00%
Number of hotel residences sold	276
Number of rented hotel residence	156
Number of hotel residences remain to be sold	59

Summary of Significant Accoun35

Summary of Significant Accounting Policies - Additional Information (Detail)	1 Months Ended	3 Months Ended		9 Months Ended
	Aug. 31, 2012USD ($)AgreementRestaurant	Sep. 30, 2015USD ($)Derivative$ / sharesshares	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)Derivative$ / sharesshares	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Oct. 31, 2014USD ($)
Summary Of Significant Accounting Policies [Line Items]
Percentage of hotels' revenues in restricted escrow accounts				4.00%
Investments in unconsolidated joint ventures, liabilities		$ 0		$ 0
Term of license agreement	10 years
Operating lease expiration period	10 years
Impairment loss and equity in income of investment in unconsolidated joint venture		(2,000)	$ (3,000)	3,886,000	$ (7,000)
Loss on receivables from unconsolidated joint venture				550,000
Fixed rate debt		55,100,000		55,100,000		$ 55,800,000
Fair market value of fixed rate debt		58,800,000		58,800,000		63,000,000
Membership units in noncontrolling interest		$ 493,000		$ 493,000		$ 549,000
Membership units in Morgans Group outstanding | shares		75,446		75,446
Interest Rate Caps
Summary Of Significant Accounting Policies [Line Items]
Number of interest rate caps outstanding | Derivative		3		3
Fair value of interest rate caps		$ 0		$ 0
Yucaipa Warrants
Summary Of Significant Accounting Policies [Line Items]
Right to purchase common stock through the exercise of warrants | shares		12,500,000		12,500,000
Exercise price of warrants or rights | $ / shares		$ 6		$ 6
Investors consent rights warrants | shares				6,250,000
Convert THEhotel To Delano Las Vegas | Restaurant Lease Note
Summary Of Significant Accounting Policies [Line Items]
Deferred promissory note payable	$ 10,600,000
Restaurant lease note term	7 years
Fair value of restaurant lease note	$ 7,500,000
Interest rate	10.00%
Mondrian London | Other assets, net
Summary Of Significant Accounting Policies [Line Items]
Key money							$ 15,300,000
Delano Las Vegas
Summary Of Significant Accounting Policies [Line Items]
Extension of license agreement	5 years
Number of times license agreement period to be extended | Agreement	2
Company acquired the leasehold interest in number of food and beverage venues | Restaurant	3
Cash payment to acquire leasehold interests	$ 15,000,000
Finite lived intangible assets useful life	10 years
Delano Las Vegas | Restaurant Lease Note
Summary Of Significant Accounting Policies [Line Items]
Deferred promissory note payable	$ 10,600,000
Restaurant lease note term	7 years
Fair value of restaurant lease note	$ 7,500,000

Income (Loss) Per Share - Addit

Income (Loss) Per Share - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2015shares
Earnings Per Share [Abstract]
Assumption of net income distributed as dividends for calculation of net income per share	100.00%
Antidilutive securities excluded from computation of earnings per share, amount	75,446

Components of Basic and Diluted

Components of Basic and Diluted Loss Per Share Calculations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Numerator:
Net loss	$ (7,510)	$ (10,095)	$ (27,002)	$ (43,493)
Net loss (income) attributable to noncontrolling interest	15	(48)	42	(504)
Net loss attributable to Morgans Hotel Group Co.	(7,495)	(10,143)	(26,960)	(43,997)
Less: preferred stock dividends and accretion	4,263	3,594	12,248	11,948
Net loss attributable to common stockholders	$ (11,758)	$ (13,737)	$ (39,208)	$ (55,945)
Denominator:
Weighted average basic common shares outstanding	34,618	34,267	34,500	34,047
Weighted average diluted common shares outstanding	34,618	34,267	34,500	34,047
Basic and diluted loss available to common stockholders per common share	$ (0.34)	$ (0.40)	$ (1.14)	$ (1.64)

Investments in and Advances t38

Investments in and Advances to Unconsolidated Joint Ventures and Equity Losses (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Total investments in and advances to unconsolidated joint ventures	$ 100	$ 10,492
Mondrian Istanbul
Schedule of Equity Method Investments [Line Items]
Total investments in and advances to unconsolidated joint ventures		10,392
Other
Schedule of Equity Method Investments [Line Items]
Total investments in and advances to unconsolidated joint ventures	$ 100	$ 100

Investments in and Advances t39

Investments in and Advances to Unconsolidated Joint Ventures - Additional Information (Detail)

Jun. 26, 2015USD ($)

Aug. 08, 2006USD ($)

Feb. 28, 2015

Dec. 31, 2011Room

Feb. 28, 2011OptionPlan

Apr. 30, 2010USD ($)

Apr. 30, 2008USD ($)

Jan. 31, 2012USD ($)

Sep. 30, 2015USD ($)Hotel

Mar. 06, 2015USD ($)

Dec. 31, 2014USD ($)

Jun. 30, 2007

Schedule of Equity Method Investments [Line Items]

Investments in and advances to unconsolidated joint ventures

$ 100,000

$ 10,492,000

Mondrian South Beach | Joint Venture

Schedule of Equity Method Investments [Line Items]

Equity ownership

50.00%

Proceeds of financing from lender and affiliates

$ 28,000,000

Option to extend the outstanding mortgage and mezzanine debt

2016-04

Outstanding nonrecourse mortgage loan and mezzanine loan

28,000,000

Outstanding mezzanine debt owed to affiliates

$ 28,000,000

Number of hotel residences sold | Hotel

276

Number of rented hotel residence | Hotel

156

Number of hotel residences remain to be sold | Hotel

59

Mondrian South Beach | Joint Venture | Mortgages

Schedule of Equity Method Investments [Line Items]

Debt

$ 124,000,000

Outstanding nonrecourse mortgage loan and mezzanine loan

$ 18,700,000

Mondrian South Beach | Joint Venture | Mezzanine Loan

Schedule of Equity Method Investments [Line Items]

Debt

$ 28,000,000

Debt Instrument, Interest Rate During Period

4.26%

Mondrian South Beach | Joint Venture | Libor Rate

Schedule of Equity Method Investments [Line Items]

Basis spread on variable rate

3.80%

Mondrian South Beach | Joint Venture | Libor Rate | Mortgages

Schedule of Equity Method Investments [Line Items]

Basis spread on variable rate

3.00%

Basis spread on variable rate paid

1.50%

Mondrian South Beach | Joint Venture | Libor Rate | Mezzanine Loan

Schedule of Equity Method Investments [Line Items]

Basis spread on variable rate

6.00%

Mondrian South Beach | Joint Venture Partners

Schedule of Equity Method Investments [Line Items]

Seller financing to qualified condominium buyers, maximum condominium purchase price, percentage

80.00%

Non recourse financing extension period

7 years

Extended maturity date of nonrecourse financing date

2017-04

Extended maturity date of nonrecourse financing options

1 year

Outstanding mezzanine debt owed to affiliates

$ 28,000,000

Investments in and advances to unconsolidated joint ventures

$ 0

Mondrian South Beach | Joint Venture Partners | Mezzanine Loan

Schedule of Equity Method Investments [Line Items]

Waterfall proceeds to joint venture mezzanine lender after repayment of mortgage debt

$ 5,500,000

Mondrian SoHo

Schedule of Equity Method Investments [Line Items]

Equity ownership

20.00%

Investments in and advances to unconsolidated joint ventures

$ 0

Initial Management Contract Period

10 years

Number of extension option | OptionPlan

2

Mondrian Istanbul

Schedule of Equity Method Investments [Line Items]

Equity ownership

50.00%

20.00%

Investments in and advances to unconsolidated joint ventures

$ 10,392,000

Equity investment requirements and funds

$ 10,300,000

Number of guest rooms | Room

114

Payment received from joint venture for sale of equity

$ 6,500,000

Transaction terms and manner of settlement

Under the settlement agreement, the Company is also entitled to an additional amount equal to 20% of the excess proceeds over $6.5 million if the land or 50% or more equity interests are subject to agreement to be sold by the joint venture partner to a third party within one year from the closing of the settlement

Equity ownership prior to settlement

20.00%

Impairment charge

$ 3,900,000

Other Liabilities - Additional

Other Liabilities - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Other Liabilities [Line Items]
Designer fee claim	$ 13.9	$ 13.9
Base fee due designer	1.00%
Base fee payable for period from hotel opening	10 years
Design Elements
Other Liabilities [Line Items]
Amortization expense over estimated life	5 years

Debt and Capital Lease Obliga41

Debt and Capital Lease Obligations (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Debt And Capital Lease Obligations [Line Items]
Debt and capital lease obligations	$ 606,211	$ 605,743
Hudson/Delano 2014 Mortgage Loan
Debt And Capital Lease Obligations [Line Items]
Debt and capital lease obligations	$ 450,000	450,000
Interest rate	5.85%
Hudson/Delano 2014 Mortgage Loan | Libor Rate
Debt And Capital Lease Obligations [Line Items]
Basis spread on variable rate	5.65%
Clift Debt
Debt And Capital Lease Obligations [Line Items]
Debt and capital lease obligations	$ 94,984	93,829
Interest rate	9.60%
Liability to Subsidiary Trust Issuing Preferred Securities
Debt And Capital Lease Obligations [Line Items]
Debt and capital lease obligations	$ 50,100	50,100
Interest rate	8.68%
Restaurant Lease Note
Debt And Capital Lease Obligations [Line Items]
Debt and capital lease obligations	$ 5,022	5,709
Capital Lease Obligations
Debt And Capital Lease Obligations [Line Items]
Debt and capital lease obligations	$ 6,105	$ 6,105

Debt and Capital Lease Obliga42

Debt and Capital Lease Obligations (Parenthetical) (Detail)	Oct. 15, 2014USD ($)	Oct. 14, 2014USD ($)	Feb. 06, 2014USD ($)	Nov. 14, 2012USD ($)	Jul. 28, 2011USD ($)	Oct. 17, 2007USD ($)	Aug. 08, 2006USD ($)	Oct. 31, 2004USD ($)	Aug. 31, 2012USD ($)Restaurant	Sep. 30, 2015USD ($)ExtensionCondominium	Dec. 31, 2014USD ($)
Senior Subordinated Convertible Notes
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value						$ 172,500,000
Interest rate						2.375%
Net proceeds from offering						$ 166,800,000
Convertible notes repurchased	$ 49,100,000										$ 123,400,000
Equity component recorded as additional paid-in-capital						9,000,000
Net of deferred taxes						$ 6,400,000
Hudson Lease 1 and Lease 2
Debt And Capital Lease Obligations [Line Items]
Number of Condominium Unit Leased | Condominium										2
Capital lease obligation										$ 6,100,000	6,100,000
Hudson Lease 1
Debt And Capital Lease Obligations [Line Items]
Annual minimum lease payments										$ 649,728
Lease expiration date										2096-11
Date after which company could purchase leased asset at fair market value										2015-11
Interest rate										8.00%
Hudson Lease Lease 2
Debt And Capital Lease Obligations [Line Items]
Annual minimum lease payments										$ 365,490
Lease expiration date										2098-12
Interest rate										8.00%
Delano Las Vegas
Debt And Capital Lease Obligations [Line Items]
Company acquired the leasehold interest in number of food and beverage venues | Restaurant									3
Cash payment to acquire leasehold interests									$ 15,000,000
Delano Credit Facility
Debt And Capital Lease Obligations [Line Items]
Repayment of credit facility			$ 37,000,000
Revolving credit facility, maximum amount of commitments					$ 100,000,000
Letter of credit outstanding			10,000,000
Revolving credit facility, initiation date										Jul. 28, 2011
Delano credit facility unused commitment fee					0.50%
Delano Credit Facility | Letter Of Credit Sub-facility
Debt And Capital Lease Obligations [Line Items]
Revolving credit facility, maximum amount of commitments					$ 15,000,000
Delano Credit Facility | Libor Rate
Debt And Capital Lease Obligations [Line Items]
Basis spread on variable rate					4.00%
Delano Credit Facility | Libor Rate | Minimum
Debt And Capital Lease Obligations [Line Items]
LIBOR floor rate					1.00%
Delano Credit Facility | Base Rate
Debt And Capital Lease Obligations [Line Items]
Basis spread on variable rate					3.00%
Mezzanine Loan Hudson/Delano 2014 Mortgage Loan
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value			150,000,000
Hudson/Delano 2014 Mortgage Loan
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value			450,000,000
Hudson/Delano 2014 Mortgage Loan matures										Feb. 9, 2016
Number of extension options | Extension										3
Maturity period extension										1 year
Extended Hudson/Delano 2014 Mortgage Loan maturity date										Feb. 9, 2019
Requirement for Extension in Maturity Date										0.25%
Prepayment penalty expiration date										Aug. 9, 2015
Interest rate										5.85%
Hudson/Delano 2014 Mortgage Loan | Libor Rate
Debt And Capital Lease Obligations [Line Items]
Variable rate basis										30-day LIBOR
Basis spread on variable rate										5.65%
LIBOR cap rate										1.75%
Nonrecourse Mortgage Notes Hudson/Delano 2014 Mortgage Loan
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value			300,000,000
Hudson 2012 Mortgage Loan
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value				$ 180,000,000
Repayment of mortgage loan			$ 180,000,000
Hudson 2012 Mortgage Loan | Libor Rate
Debt And Capital Lease Obligations [Line Items]
Variable rate basis										30-day LIBOR
Basis spread on variable rate				8.40%
LIBOR cap rate				2.50%
Hudson 2012 Mortgage Loan | Libor Rate | Minimum
Debt And Capital Lease Obligations [Line Items]
LIBOR floor rate				0.50%
Clift Debt
Debt And Capital Lease Obligations [Line Items]
Sale of subsidiary company								$ 71,000,000
Capital lease annual base rent										99-year lease term
Capital leased payment require		$ 7,600,000								$ 6,000,000
Increase in rent in future period										5 years
Morgans Group agreed to guarantee losses										$ 6,000,000
Interest rate										9.60%
Clift Debt | Maximum
Debt And Capital Lease Obligations [Line Items]
Increase in base rent, percentage at each five-year rent increase date										20.00%
Clift Debt | Minimum
Debt And Capital Lease Obligations [Line Items]
Increase in base rent, percentage at each five-year rent increase date										10.00%
Liability to Subsidiary Trust Issuing Preferred Securities
Debt And Capital Lease Obligations [Line Items]
Preferred securities issued							$ 50,000,000
Amount of common stock owned by the company through trust										$ 100,000
Due date of debt										Oct. 30, 2036
Interest rate										8.68%
Liability to Subsidiary Trust Issuing Preferred Securities | Trust Notes
Debt And Capital Lease Obligations [Line Items]
Proceeds used to purchase of junior subordinated notes issued										$ 50,100,000
Liability to Subsidiary Trust Issuing Preferred Securities | Trust Notes And Trust Preferred Securities
Debt And Capital Lease Obligations [Line Items]
Interest rate										8.68%
Expiration date of fixed rate interest										2016-10
Liability to Subsidiary Trust Issuing Preferred Securities | Libor Rate | After October 2016 | Trust Notes And Trust Preferred Securities
Debt And Capital Lease Obligations [Line Items]
Variable rate basis										three-month LIBOR rate
Basis spread on variable rate										3.25%
Restaurant Lease Note | Delano Las Vegas
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value									$ 10,600,000
Restaurant lease note term									7 years
Fair value of restaurant lease note									$ 7,500,000
Debt Instrument Carrying Amount										$ 5,000,000
T L G Promissory Note
Debt And Capital Lease Obligations [Line Items]
Debt instrument, face value											18,000,000
Due date of debt										Nov. 30, 2015
Interest rate										8.00%
Interest rate increases (max)										18.00%
Percentage of accrued interest payable quarterly in cash										75.00%
Percentage of accrued interest payable on maturity										25.00%
Repayment of notes											19,100,000
Debt instrument, deferred interest											$ 1,100,000
Initial date a lawsuit was filed against the Company related to TLG Promissory Notes										August 5, 2013

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Oct. 02, 2015	Aug. 05, 2013	Apr. 26, 2013	Jan. 16, 2013	Aug. 31, 2015	Sep. 30, 2015
Commitments and Contingencies [Line Items]
Tax credit guaranties capped						$ 3,000,000
T L G Promissory Note
Commitments and Contingencies [Line Items]
Due date of debt						Nov. 30, 2015
Claim of defaulted loans		$ 18,000,000
Mr. Sasson | T L G Promissory Note
Commitments and Contingencies [Line Items]
Claim of defaulted loans		16,000,000
Mr. Masi | T L G Promissory Note
Commitments and Contingencies [Line Items]
Claim of defaulted loans		$ 2,000,000
Litigation | Sochin Downtown Realty, LLC
Commitments and Contingencies [Line Items]
Defaulted outstanding on loans				$ 217,000,000
Due date of debt				Nov. 15, 2012
Ownership interest				20.00%
Cape Advisors Inc. | Litigation | Sochin Downtown Realty, LLC
Commitments and Contingencies [Line Items]
Joint venture partner ownership interest				80.00%
Ames Joint Venture
Commitments and Contingencies [Line Items]
Management agreement termination period			60 days
Agreement termination fee			$ 1,800,000
Mondrian SoHo | Subsequent Event
Commitments and Contingencies [Line Items]
Amount received from settlement agreement	$ 10,000,000
Royalton and Morgans
Commitments and Contingencies [Line Items]
Accrued expenses and reduction to management fees						$ 700,000
Joint Venture | Mondrian South Beach
Commitments and Contingencies [Line Items]
Purchase of condominium units by the Company and its Affiliates						$ 14,000,000
Condominium units sales price description						The joint venture partners are each obligated to purchase selected condominium units, at agreed-upon sales prices, having aggregate sales prices equal to 1/2 of the lesser of $28.0 million, which is the face amount outstanding on the lender's mezzanine loan, or the then outstanding principal balance of the lender's mezzanine loan.
Outstanding mezzanine debt owed to affiliates						$ 28,000,000
Delano Marrakech
Commitments and Contingencies [Line Items]
Funding obligations under cash flow guarantees						5,000,000
Amount received from settlement agreement					$ 2,500,000
Settlement amount to be paid at signing of agreement					1,300,000
Settlement amount to be paid over three-year period					1,200,000
Quarterly payments					$ 100,000
Ames Hotel | Joint Venture
Commitments and Contingencies [Line Items]
Federal and State historic rehabilitation tax credits sold to third party						$ 16,900,000

License or Franchise Agreements

License or Franchise Agreements for New Hotels Which are in Development Stage (Detail)	9 Months Ended
	Sep. 30, 2015Room
Mondrian Doha
Development Hotel Agreements [Line Items]
Expected Room Count	270
Anticipated Opening	2,016
Initial Term	30 years
Delano Dubai
Development Hotel Agreements [Line Items]
Expected Room Count	110
Anticipated Opening	2,017
Initial Term	20 years
Mondrian Dubai
Development Hotel Agreements [Line Items]
Expected Room Count	235
Initial Term	15 years
Delano Aegean Sea
Development Hotel Agreements [Line Items]
Expected Room Count	150
Initial Term	20 years
Delano Cartagena
Development Hotel Agreements [Line Items]
Expected Room Count	211
Initial Term	20 years

Omnibus Stock Incentive Plan -

Omnibus Stock Incentive Plan - Additional Information (Detail) - USD ($) $ in Thousands	Jul. 01, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense		$ 500	$ 300	$ 1,430	$ 3,096
Unrecognized compensation costs		$ 1,100		$ 1,100			$ 1,400
Weighted-average period over unrecognized compensation expense				9 months 18 days
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued				191,086
Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved and authorized						14,610,000
Reduction in shares available for grant due to each award other than options and stock appreciation rights				170.00%
Stock Plan | Restricted Stock Units | Jonathan A. Langer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued	28,068

Summary of Stock-based Incentiv

Summary of Stock-based Incentive Awards (Detail)	9 Months Ended
	Sep. 30, 2015shares
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	335,672
Granted	191,086
Distributed/exercised	(263,054)
Forfeited or cancelled	(26,582)
Outstanding, Ending Balance	237,122
Vested	1,746
LTIP Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	941,157
Granted	0
Distributed/exercised	(27,734)
Forfeited or cancelled	0
Outstanding, Ending Balance	913,423
Vested	913,423
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	1,124,740
Granted	0
Distributed/exercised	0
Forfeited or cancelled	(876,425)
Outstanding, Ending Balance	248,315
Vested	248,315

Preferred Securities and Warr47

Preferred Securities and Warrants - Additional Information (Detail) $ / shares in Units, $ in Millions	Oct. 15, 2009USD ($)Person$ / sharesshares	Sep. 30, 2015USD ($)$ / sharesshares	May. 14, 2014	Dec. 31, 2014$ / shares
Preferred Securities And Warrants [Line Items]
Preferred stock, liquidation preference per share | $ / shares		$ 1,000		$ 1,000
Series A Preferred Stock
Preferred Securities And Warrants [Line Items]
Preferred Securities issued (in shares) | shares	75,000
Preferred Securities issued, value	$ 75
Preferred stock, liquidation preference per share | $ / shares	$ 1,000
Preferred stock Series A dividend rate through October 15, 2014	8.00%
Preferred stock Series A dividend rate until October 15, 2016	10.00%
Preferred stock Series A dividend rate after October 15, 2016	20.00%
Undeclared and unpaid dividends		$ 52.4
Investors dividend rate on the Series A Preferred Securities increases	4.00%
Investors dividend rate			12.00%
Cumulative accretion		21.8
Value of preferred securities		$ 69.9
Yucaipa
Preferred Securities And Warrants [Line Items]
Number of warrants issued | shares	12,500,000
Exercise price of warrants or rights | $ / shares	$ 6
Term of warrants	7 years 6 months
Warrant, expiration date	2017-04
Investors collectively own or right to purchase through exercise of shares | shares		875,000
Investors consent rights warrants | shares	6,250,000
Equity investment acquisition	$ 100
Change in size of board of directors, lower range | Person	7
Change in size of board of directors, upper range | Person	9
Beneficial ownership interest in which investors are subject to certain standstill arrangements	15.00%

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Oct. 06, 2015	Jul. 31, 2015	May. 31, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Related Party Transaction [Line Items]
Management fees				$ 400,000	$ 2,400,000	$ 1,900,000	$ 3,400,000
Related party receivables				2,692,000		2,692,000		$ 3,560,000
Affiliated Entity
Related Party Transaction [Line Items]
Related party receivables				$ 2,700,000		$ 2,700,000		$ 3,600,000
Jonathan A. Langer
Related Party Transaction [Line Items]
One-time consulting fee			$ 500,000
Consulting fee paid in cash		$ 187,500	250,000
Consulting fee paid in common stock		187,500	$ 250,000
Additional consulting fee		$ 375,000
Consulting agreement termination date						Sep. 15, 2015
Jonathan A. Langer | Subsequent Event
Related Party Transaction [Line Items]
Consulting fee paid in cash	$ 275,000
Consulting fee paid in common stock	275,000
Additional consulting fee	$ 550,000

Restructuring and Disposal Cost

Restructuring and Disposal Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Other Income And Expenses [Abstract]
Restructuring costs	$ 1,427	$ 1,113	$ 1,932	$ 4,208
Severance costs	(120)	29	1,923	8,395
Loss (gain) on asset disposal		3	(6)	(234)
Total	$ 1,307	$ 1,145	$ 3,849	$ 12,369

Other Expenses - Additional Inf

Other Expenses - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Cost and Reserve [Line Items]
Severance costs	$ (120)	$ 29		$ 1,923	$ 8,395
One-time Termination Benefits
Restructuring Cost and Reserve [Line Items]
Severance costs			$ 7,100

Development Costs (Detail)

Development Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Other Income And Expenses [Abstract]
Transaction costs	$ 296	$ 259	$ 629	$ 2,839
Internal development payroll and other	161	298	433	647
Pre-opening expenses		7		442
Total	$ 457	$ 564	$ 1,062	$ 3,928

Other Non-Operating Expenses (D

Other Non-Operating Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Other Income And Expenses [Abstract]
Settlement income	$ (1,300)		$ (1,300)
Litigation costs	750	$ 848	3,418	$ 1,940
Other	438	(24)	977	10
Other non-operating expenses	$ (112)	$ 824	$ 3,095	$ 1,950

Other Non-Operating Expenses -

Other Non-Operating Expenses - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended
	Aug. 31, 2015	Sep. 30, 2015	Sep. 30, 2015
Component Of Other Expense (Income), Nonoperating [Line Items]
Settlement income		$ 1,300	$ 1,300
Delano Marrakech
Component Of Other Expense (Income), Nonoperating [Line Items]
Amount received from settlement agreement	$ 2,500
Settlement income		1,300	1,300
Settlement income receivable		$ 1,200	$ 1,200

Gain on Asset Sales - Additiona

Gain on Asset Sales - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 23, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2011
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Deferred gain on asset sales		$ 119,383		$ 119,383		$ 125,398
Amortization of deferred gain on asset sales		$ 2,000	$ 2,000	6,015	$ 6,015
Proceeds from Equity Sale				30,806
The Light Group | Hakkasan Holdings LLC
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from Equity Sale	$ 32,800
Gain on sale of equity investments				$ 1,800
Joint Venture Equity Interests in Sanderson and St. Martin's Lane.
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Equity ownership							50.00%
Royalton, Morgans, Mondrian Los Angeles, and Equity Interests in Sanderson and St Martins Lane
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Deferred gain on asset sales							$ 152,400

Assets Held for Sale - Summary

Assets Held for Sale - Summary of TLG's Operations (Detail) - The Light Group - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Management fees	$ 2,632	$ 351	$ 8,246
Corporate expenses	(1,970)	(252)	(2,792)
Interest expense	(378)		(1,129)
Depreciation and amortization expense	(1,469)	(6)	(4,401)
Other non operating expenses			(5)
Net loss attributable to noncontrolling interest	(73)	(13)	(602)
Gain on asset sale		1,784
(Loss) income from TLG	$ (1,258)	$ 1,864	$ (683)