FelCor LP's Consolidating Financial Information (Details) (USD $) | 3 Months Ended | | |
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' |
Net investment in hotels | $1,611,247,000 | ' | $1,653,267,000 | ' |
Hotel development | 236,729,000 | ' | 216,747,000 | ' |
Investment in unconsolidated entities | 44,634,000 | 46,943,000 | 46,943,000 | ' |
Hotel Held-for-sale | 19,137,000 | ' | 16,319,000 | ' |
Cash and cash equivalents | 73,526,000 | 61,796,000 | ' | ' |
Restricted cash | 67,047,000 | ' | 77,227,000 | ' |
Accounts receivable, net | 34,486,000 | ' | 35,747,000 | ' |
Deferred expenses, net | 27,635,000 | ' | 29,325,000 | ' |
Other assets | 22,828,000 | ' | 23,060,000 | ' |
Total assets | 2,137,269,000 | ' | 2,144,280,000 | ' |
Debt, net | 1,640,628,000 | ' | 1,663,226,000 | ' |
Distributions payable | 11,195,000 | ' | 11,047,000 | ' |
Accrued expenses and other liabilities | 152,103,000 | ' | 150,738,000 | ' |
Total liabilities | 1,803,926,000 | ' | 1,825,011,000 | ' |
Redeemable units | 5,583,000 | 3,697,000 | 5,039,000 | 2,902,000 |
Accumulated other comprehensive income | 24,320,000 | ' | 24,937,000 | ' |
Preferred capital in consolidated joint venture | 40,909,000 | ' | 0 | ' |
Total liabilities and equity | 2,137,269,000 | ' | 2,144,280,000 | ' |
Revenues: | ' | ' | ' | ' |
Hotel operating revenue | 221,022,000 | 208,538,000 | ' | ' |
Other revenue | 327,000 | 399,000 | ' | ' |
Total revenues | 221,349,000 | 208,937,000 | ' | ' |
Expenses: | ' | ' | ' | ' |
Taxes, insurance and lease expense | 23,633,000 | 22,164,000 | ' | ' |
Corporate expenses | 7,825,000 | 7,832,000 | ' | ' |
Depreciation and amortization | 29,601,000 | 29,755,000 | ' | ' |
Conversion expenses | 0 | 628,000 | ' | ' |
Other expenses | 2,014,000 | 821,000 | ' | ' |
Total operating expenses | 217,187,000 | 210,196,000 | ' | ' |
Operating income (loss) | 4,162,000 | -1,259,000 | ' | ' |
Interest expense, net | -25,227,000 | -26,285,000 | ' | ' |
Debt extinguishment | -6,000 | 0 | ' | ' |
Loss before equity in income from unconsolidated entities | -21,071,000 | -27,544,000 | ' | ' |
Equity in income from unconsolidated entities | 643,000 | 89,000 | ' | ' |
Income (loss) from continuing operations | -20,428,000 | -27,455,000 | ' | ' |
Income from discontinued operations | 135,000 | 850,000 | ' | ' |
Loss before gain on sale of property | -20,293,000 | -26,605,000 | ' | ' |
Gain on sale of property, net | 5,457,000 | 0 | ' | ' |
Net loss | -14,836,000 | -26,605,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 78,000 | 240,000 | ' | ' |
Preferred distributions - consolidated joint venture | -181,000 | 0 | ' | ' |
Net income (loss) attributable to reporting entity | -14,818,000 | -26,185,000 | ' | ' |
Preferred dividends | -9,678,000 | -9,678,000 | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' |
Net income (loss) | -14,836,000 | -26,605,000 | ' | ' |
Foreign currency translation adjustment | -620,000 | -357,000 | ' | ' |
Comprehensive income (loss) | -15,456,000 | -26,962,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 78,000 | 240,000 | ' | ' |
Comprehensive loss attributable to FelCor LP | -15,254,000 | -26,540,000 | ' | ' |
Operating activities: | ' | ' | ' | ' |
Cash flows from operating activities | 22,402,000 | 4,879,000 | ' | ' |
Investing activities: | ' | ' | ' | ' |
Improvements and additions to hotels | -28,617,000 | -23,342,000 | ' | ' |
Hotel development | -23,622,000 | -8,260,000 | ' | ' |
Net proceeds from asset dispositions | 39,896,000 | -232,000 | ' | ' |
Insurance proceeds | 255,000 | 0 | ' | ' |
Change in restricted cash - investing | 10,180,000 | 825,000 | ' | ' |
Net cash flow provided by (used in) investing activities | 220,000 | -29,324,000 | ' | ' |
Financing activities: | ' | ' | ' | ' |
Proceeds from borrowings | 81,000,000 | 84,245,000 | ' | ' |
Repayment of borrowings | -105,353,000 | -32,346,000 | ' | ' |
Payment of deferred financing fees | -5,000 | -2,022,000 | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | 40,909,000 | 0 | ' | ' |
Net cash flow provided by financing activities | 5,298,000 | 40,517,000 | ' | ' |
Effect of exchange rate changes on cash | -39,000 | -21,000 | ' | ' |
Change in cash and cash equivalents | 27,881,000 | 16,051,000 | ' | ' |
Cash and cash equivalents at beginning of periods | 45,645,000 | 45,745,000 | ' | ' |
Cash and cash equivalents at end of periods | 73,526,000 | 61,796,000 | ' | ' |
FelCor Lodging LP [Member] | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' |
Net investment in hotels | 43,777,000 | ' | 48,971,000 | ' |
Hotel development | 0 | ' | 0 | ' |
Equity investment in consolidated entities | 1,476,856,000 | ' | 1,508,593,000 | ' |
Investment in unconsolidated entities | 32,312,000 | ' | 34,090,000 | ' |
Hotel Held-for-sale | 0 | ' | 0 | ' |
Cash and cash equivalents | 17,625,000 | 13,758,000 | ' | ' |
Restricted cash | 0 | ' | 0 | ' |
Accounts receivable, net | 251,000 | ' | 516,000 | ' |
Deferred expenses, net | 19,660,000 | ' | 20,540,000 | ' |
Other assets | 5,380,000 | ' | 6,248,000 | ' |
Total assets | 1,595,861,000 | ' | 1,624,185,000 | ' |
Debt, net | 1,280,714,000 | ' | 1,279,190,000 | ' |
Distributions payable | 11,079,000 | ' | 11,047,000 | ' |
Accrued expenses and other liabilities | 35,838,000 | ' | 37,980,000 | ' |
Total liabilities | 1,327,631,000 | ' | 1,328,217,000 | ' |
Redeemable units | 5,583,000 | ' | 5,039,000 | ' |
Preferred units | 478,766,000 | ' | 478,774,000 | ' |
Common units | -240,542,000 | ' | -212,888,000 | ' |
Accumulated other comprehensive income | 24,423,000 | ' | 25,043,000 | ' |
Total FelCor LP partners' capital | 262,647,000 | ' | 290,929,000 | ' |
Noncontrolling interests | 0 | ' | 0 | ' |
Preferred capital in consolidated joint venture | 0 | ' | ' | ' |
Total partnersb capital | 262,647,000 | ' | 290,929,000 | ' |
Total liabilities and equity | 1,595,861,000 | ' | 1,624,185,000 | ' |
Revenues: | ' | ' | ' | ' |
Hotel operating revenue | 0 | 0 | ' | ' |
Percentage lease revenue | 1,399,000 | 1,262,000 | ' | ' |
Other revenue | 1,000 | 3,000 | ' | ' |
Total revenues | 1,400,000 | 1,265,000 | ' | ' |
Expenses: | ' | ' | ' | ' |
Hotel operating expenses | 0 | 0 | ' | ' |
Taxes, insurance and lease expense | 419,000 | 304,000 | ' | ' |
Corporate expenses | 123,000 | 109,000 | ' | ' |
Depreciation and amortization | 991,000 | 1,250,000 | ' | ' |
Conversion expenses | ' | 20,000 | ' | ' |
Other expenses | 35,000 | 23,000 | ' | ' |
Total operating expenses | 1,568,000 | 1,706,000 | ' | ' |
Operating income (loss) | -168,000 | -441,000 | ' | ' |
Interest expense, net | -20,484,000 | -21,604,000 | ' | ' |
Debt extinguishment | 0 | ' | ' | ' |
Loss before equity in income from unconsolidated entities | -20,652,000 | -22,045,000 | ' | ' |
Equity in income from consolidated entities | 5,323,000 | -4,625,000 | ' | ' |
Equity in income from unconsolidated entities | 799,000 | 305,000 | ' | ' |
Income (loss) from continuing operations | -14,530,000 | -26,365,000 | ' | ' |
Income from discontinued operations | 0 | 0 | ' | ' |
Loss before gain on sale of property | -14,530,000 | ' | ' | ' |
Gain on sale of property, net | -228,000 | ' | ' | ' |
Net loss | -14,758,000 | -26,365,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | ' | ' |
Preferred distributions - consolidated joint venture | 0 | ' | ' | ' |
Net income (loss) attributable to reporting entity | -14,758,000 | -26,365,000 | ' | ' |
Preferred dividends | -9,678,000 | -9,678,000 | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | -24,436,000 | -36,043,000 | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' |
Net income (loss) | -14,758,000 | -26,365,000 | ' | ' |
Foreign currency translation adjustment | -620,000 | -357,000 | ' | ' |
Comprehensive income (loss) | -15,378,000 | -26,722,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | ' | ' |
Comprehensive loss attributable to FelCor LP | -15,378,000 | -26,722,000 | ' | ' |
Operating activities: | ' | ' | ' | ' |
Cash flows from operating activities | -14,116,000 | -3,904,000 | ' | ' |
Investing activities: | ' | ' | ' | ' |
Improvements and additions to hotels | -730,000 | -142,000 | ' | ' |
Hotel development | 0 | 0 | ' | ' |
Payment of selling costs | ' | 0 | ' | ' |
Net proceeds from asset dispositions | -167,000 | ' | ' | ' |
Insurance proceeds | 0 | ' | ' | ' |
Change in restricted cash - investing | 0 | ' | ' | ' |
Distributions from unconsolidated entities | 1,753,000 | 1,435,000 | ' | ' |
Intercompany financing | 37,827,000 | 19,554,000 | ' | ' |
Other | ' | 0 | ' | ' |
Net cash flow provided by (used in) investing activities | 38,683,000 | 20,847,000 | ' | ' |
Financing activities: | ' | ' | ' | ' |
Proceeds from borrowings | 0 | 0 | ' | ' |
Repayment of borrowings | 0 | 0 | ' | ' |
Distributions paid to preferred unitholders | -9,678,000 | -9,678,000 | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | 0 | ' | ' | ' |
Intercompany financing | 0 | 0 | ' | ' |
Other | -2,491,000 | -1,819,000 | ' | ' |
Net cash flow provided by financing activities | -12,169,000 | -11,497,000 | ' | ' |
Effect of exchange rate changes on cash | 0 | 0 | ' | ' |
Change in cash and cash equivalents | 12,398,000 | 5,446,000 | ' | ' |
Cash and cash equivalents at beginning of periods | 5,227,000 | 8,312,000 | ' | ' |
Cash and cash equivalents at end of periods | 17,625,000 | 13,758,000 | ' | ' |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' |
Net investment in hotels | 1,056,263,000 | ' | 1,053,724,000 | ' |
Hotel development | 0 | ' | 0 | ' |
Equity investment in consolidated entities | 0 | ' | 0 | ' |
Investment in unconsolidated entities | 10,977,000 | ' | 11,497,000 | ' |
Hotel Held-for-sale | 0 | ' | 0 | ' |
Cash and cash equivalents | 44,711,000 | 41,335,000 | ' | ' |
Restricted cash | 10,019,000 | ' | 9,051,000 | ' |
Accounts receivable, net | 33,587,000 | ' | 34,366,000 | ' |
Deferred expenses, net | 0 | ' | 0 | ' |
Other assets | 11,935,000 | ' | 10,767,000 | ' |
Total assets | 1,167,492,000 | ' | 1,152,688,000 | ' |
Debt, net | 12,500,000 | ' | 11,953,000 | ' |
Distributions payable | 0 | ' | 0 | ' |
Accrued expenses and other liabilities | 103,725,000 | ' | 96,494,000 | ' |
Total liabilities | 116,225,000 | ' | 108,447,000 | ' |
Redeemable units | 0 | ' | 0 | ' |
Preferred units | 0 | ' | 0 | ' |
Common units | 1,047,284,000 | ' | 1,039,903,000 | ' |
Accumulated other comprehensive income | 4,486,000 | ' | 4,569,000 | ' |
Total FelCor LP partners' capital | 1,051,770,000 | ' | 1,044,472,000 | ' |
Noncontrolling interests | -503,000 | ' | -231,000 | ' |
Preferred capital in consolidated joint venture | 0 | ' | ' | ' |
Total partnersb capital | 1,051,267,000 | ' | 1,044,241,000 | ' |
Total liabilities and equity | 1,167,492,000 | ' | 1,152,688,000 | ' |
Revenues: | ' | ' | ' | ' |
Hotel operating revenue | 221,022,000 | 208,538,000 | ' | ' |
Percentage lease revenue | 0 | 0 | ' | ' |
Other revenue | 266,000 | 333,000 | ' | ' |
Total revenues | 221,288,000 | 208,871,000 | ' | ' |
Expenses: | ' | ' | ' | ' |
Hotel operating expenses | 154,114,000 | 148,996,000 | ' | ' |
Taxes, insurance and lease expense | 46,829,000 | 42,993,000 | ' | ' |
Corporate expenses | 5,069,000 | 5,543,000 | ' | ' |
Depreciation and amortization | 17,767,000 | 17,596,000 | ' | ' |
Conversion expenses | ' | 391,000 | ' | ' |
Other expenses | 840,000 | 517,000 | ' | ' |
Total operating expenses | 224,619,000 | 216,036,000 | ' | ' |
Operating income (loss) | -3,331,000 | -7,165,000 | ' | ' |
Interest expense, net | -328,000 | -303,000 | ' | ' |
Debt extinguishment | 0 | ' | ' | ' |
Loss before equity in income from unconsolidated entities | -3,659,000 | -7,468,000 | ' | ' |
Equity in income from consolidated entities | 0 | 0 | ' | ' |
Equity in income from unconsolidated entities | -145,000 | -205,000 | ' | ' |
Income (loss) from continuing operations | -3,804,000 | -7,673,000 | ' | ' |
Income from discontinued operations | 29,000 | -415,000 | ' | ' |
Loss before gain on sale of property | -3,775,000 | ' | ' | ' |
Gain on sale of property, net | -14,000 | ' | ' | ' |
Net loss | -3,789,000 | -8,088,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 134,000 | 256,000 | ' | ' |
Preferred distributions - consolidated joint venture | 0 | ' | ' | ' |
Net income (loss) attributable to reporting entity | -3,655,000 | -7,832,000 | ' | ' |
Preferred dividends | 0 | 0 | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | -3,655,000 | -7,832,000 | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' |
Net income (loss) | -3,789,000 | -8,088,000 | ' | ' |
Foreign currency translation adjustment | -83,000 | -95,000 | ' | ' |
Comprehensive income (loss) | -3,872,000 | -8,183,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 134,000 | 256,000 | ' | ' |
Comprehensive loss attributable to FelCor LP | -3,738,000 | -7,927,000 | ' | ' |
Operating activities: | ' | ' | ' | ' |
Cash flows from operating activities | 21,575,000 | 6,447,000 | ' | ' |
Investing activities: | ' | ' | ' | ' |
Improvements and additions to hotels | -20,888,000 | -14,312,000 | ' | ' |
Hotel development | 0 | 0 | ' | ' |
Payment of selling costs | ' | -17,000 | ' | ' |
Net proceeds from asset dispositions | -42,000 | ' | ' | ' |
Insurance proceeds | 255,000 | ' | ' | ' |
Change in restricted cash - investing | -501,000 | ' | ' | ' |
Distributions from unconsolidated entities | 375,000 | 250,000 | ' | ' |
Intercompany financing | 0 | 0 | ' | ' |
Other | ' | 1,746,000 | ' | ' |
Net cash flow provided by (used in) investing activities | -20,801,000 | -12,333,000 | ' | ' |
Financing activities: | ' | ' | ' | ' |
Proceeds from borrowings | 0 | 0 | ' | ' |
Repayment of borrowings | 0 | 0 | ' | ' |
Distributions paid to preferred unitholders | 0 | 0 | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | 0 | ' | ' | ' |
Intercompany financing | 10,832,000 | 16,792,000 | ' | ' |
Other | -139,000 | 25,000 | ' | ' |
Net cash flow provided by financing activities | 10,693,000 | 16,817,000 | ' | ' |
Effect of exchange rate changes on cash | -39,000 | -21,000 | ' | ' |
Change in cash and cash equivalents | 11,428,000 | 10,910,000 | ' | ' |
Cash and cash equivalents at beginning of periods | 33,283,000 | 30,425,000 | ' | ' |
Cash and cash equivalents at end of periods | 44,711,000 | 41,335,000 | ' | ' |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' |
Net investment in hotels | 511,207,000 | ' | 550,572,000 | ' |
Hotel development | 236,729,000 | ' | 216,747,000 | ' |
Equity investment in consolidated entities | 0 | ' | 0 | ' |
Investment in unconsolidated entities | 1,345,000 | ' | 1,356,000 | ' |
Hotel Held-for-sale | 19,137,000 | ' | 16,319,000 | ' |
Cash and cash equivalents | 11,190,000 | 6,703,000 | ' | ' |
Restricted cash | 57,028,000 | ' | 68,176,000 | ' |
Accounts receivable, net | 648,000 | ' | 865,000 | ' |
Deferred expenses, net | 7,975,000 | ' | 8,785,000 | ' |
Other assets | 18,013,000 | ' | 17,998,000 | ' |
Total assets | 863,272,000 | ' | 887,953,000 | ' |
Debt, net | 401,117,000 | ' | 464,036,000 | ' |
Distributions payable | 116,000 | ' | 0 | ' |
Accrued expenses and other liabilities | 12,540,000 | ' | 16,264,000 | ' |
Total liabilities | 413,773,000 | ' | 480,300,000 | ' |
Redeemable units | 0 | ' | 0 | ' |
Preferred units | 0 | ' | 0 | ' |
Common units | 363,946,000 | ' | 363,647,000 | ' |
Accumulated other comprehensive income | 19,937,000 | ' | 20,474,000 | ' |
Total FelCor LP partners' capital | 383,883,000 | ' | 384,121,000 | ' |
Noncontrolling interests | 24,707,000 | ' | 23,532,000 | ' |
Preferred capital in consolidated joint venture | 40,909,000 | ' | ' | ' |
Total partnersb capital | 449,499,000 | ' | 407,653,000 | ' |
Total liabilities and equity | 863,272,000 | ' | 887,953,000 | ' |
Revenues: | ' | ' | ' | ' |
Hotel operating revenue | 0 | 0 | ' | ' |
Percentage lease revenue | 25,609,000 | 23,144,000 | ' | ' |
Other revenue | 60,000 | 63,000 | ' | ' |
Total revenues | 25,669,000 | 23,207,000 | ' | ' |
Expenses: | ' | ' | ' | ' |
Hotel operating expenses | 0 | 0 | ' | ' |
Taxes, insurance and lease expense | 3,393,000 | 3,273,000 | ' | ' |
Corporate expenses | 2,633,000 | 2,180,000 | ' | ' |
Depreciation and amortization | 10,843,000 | 10,909,000 | ' | ' |
Conversion expenses | ' | 217,000 | ' | ' |
Other expenses | 1,139,000 | 281,000 | ' | ' |
Total operating expenses | 18,008,000 | 16,860,000 | ' | ' |
Operating income (loss) | 7,661,000 | 6,347,000 | ' | ' |
Interest expense, net | -4,415,000 | -4,378,000 | ' | ' |
Debt extinguishment | -6,000 | ' | ' | ' |
Loss before equity in income from unconsolidated entities | 3,240,000 | 1,969,000 | ' | ' |
Equity in income from consolidated entities | 0 | 0 | ' | ' |
Equity in income from unconsolidated entities | -11,000 | -11,000 | ' | ' |
Income (loss) from continuing operations | 3,229,000 | 1,958,000 | ' | ' |
Income from discontinued operations | 106,000 | 1,265,000 | ' | ' |
Loss before gain on sale of property | 3,335,000 | ' | ' | ' |
Gain on sale of property, net | 5,699,000 | ' | ' | ' |
Net loss | 9,034,000 | 3,223,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -56,000 | -16,000 | ' | ' |
Preferred distributions - consolidated joint venture | -181,000 | ' | ' | ' |
Net income (loss) attributable to reporting entity | 8,797,000 | 3,207,000 | ' | ' |
Preferred dividends | 0 | 0 | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | 8,797,000 | 3,207,000 | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' |
Net income (loss) | 9,034,000 | 3,223,000 | ' | ' |
Foreign currency translation adjustment | -537,000 | -262,000 | ' | ' |
Comprehensive income (loss) | 8,497,000 | 2,961,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -56,000 | -16,000 | ' | ' |
Comprehensive loss attributable to FelCor LP | 8,441,000 | 2,945,000 | ' | ' |
Operating activities: | ' | ' | ' | ' |
Cash flows from operating activities | 14,943,000 | 2,336,000 | ' | ' |
Investing activities: | ' | ' | ' | ' |
Improvements and additions to hotels | -6,999,000 | -8,888,000 | ' | ' |
Hotel development | -23,622,000 | -8,260,000 | ' | ' |
Payment of selling costs | ' | -215,000 | ' | ' |
Net proceeds from asset dispositions | 40,105,000 | ' | ' | ' |
Insurance proceeds | 0 | ' | ' | ' |
Change in restricted cash - investing | 10,681,000 | ' | ' | ' |
Distributions from unconsolidated entities | 0 | 0 | ' | ' |
Intercompany financing | 0 | 0 | ' | ' |
Other | ' | -921,000 | ' | ' |
Net cash flow provided by (used in) investing activities | 20,165,000 | -18,284,000 | ' | ' |
Financing activities: | ' | ' | ' | ' |
Proceeds from borrowings | 81,000,000 | 84,245,000 | ' | ' |
Repayment of borrowings | -105,353,000 | -32,346,000 | ' | ' |
Distributions paid to preferred unitholders | 0 | 0 | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | 40,909,000 | ' | ' | ' |
Intercompany financing | -48,659,000 | -36,346,000 | ' | ' |
Other | 1,050,000 | 90,000 | ' | ' |
Net cash flow provided by financing activities | -31,053,000 | 15,643,000 | ' | ' |
Effect of exchange rate changes on cash | 0 | 0 | ' | ' |
Change in cash and cash equivalents | 4,055,000 | -305,000 | ' | ' |
Cash and cash equivalents at beginning of periods | 7,135,000 | 7,008,000 | ' | ' |
Cash and cash equivalents at end of periods | 11,190,000 | 6,703,000 | ' | ' |
Consolidation, Eliminations [Member] | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' |
Net investment in hotels | 0 | ' | 0 | ' |
Hotel development | 0 | ' | 0 | ' |
Equity investment in consolidated entities | -1,476,856,000 | ' | -1,508,593,000 | ' |
Investment in unconsolidated entities | 0 | ' | 0 | ' |
Hotel Held-for-sale | 0 | ' | 0 | ' |
Cash and cash equivalents | 0 | 0 | ' | ' |
Restricted cash | 0 | ' | 0 | ' |
Accounts receivable, net | 0 | ' | 0 | ' |
Deferred expenses, net | 0 | ' | 0 | ' |
Other assets | -12,500,000 | ' | -11,953,000 | ' |
Total assets | -1,489,356,000 | ' | -1,520,546,000 | ' |
Debt, net | -53,703,000 | ' | -91,953,000 | ' |
Distributions payable | 0 | ' | 0 | ' |
Accrued expenses and other liabilities | 0 | ' | 0 | ' |
Total liabilities | -53,703,000 | ' | -91,953,000 | ' |
Redeemable units | 0 | ' | 0 | ' |
Preferred units | 0 | ' | 0 | ' |
Common units | -1,411,230,000 | ' | -1,403,550,000 | ' |
Accumulated other comprehensive income | -24,423,000 | ' | -25,043,000 | ' |
Total FelCor LP partners' capital | -1,435,653,000 | ' | -1,428,593,000 | ' |
Noncontrolling interests | 0 | ' | 0 | ' |
Preferred capital in consolidated joint venture | 0 | ' | ' | ' |
Total partnersb capital | -1,435,653,000 | ' | -1,428,593,000 | ' |
Total liabilities and equity | -1,489,356,000 | ' | -1,520,546,000 | ' |
Revenues: | ' | ' | ' | ' |
Hotel operating revenue | 0 | 0 | ' | ' |
Percentage lease revenue | -27,008,000 | -24,406,000 | ' | ' |
Other revenue | 0 | 0 | ' | ' |
Total revenues | -27,008,000 | -24,406,000 | ' | ' |
Expenses: | ' | ' | ' | ' |
Hotel operating expenses | 0 | 0 | ' | ' |
Taxes, insurance and lease expense | -27,008,000 | -24,406,000 | ' | ' |
Corporate expenses | 0 | 0 | ' | ' |
Depreciation and amortization | 0 | 0 | ' | ' |
Conversion expenses | ' | 0 | ' | ' |
Other expenses | 0 | 0 | ' | ' |
Total operating expenses | -27,008,000 | -24,406,000 | ' | ' |
Operating income (loss) | 0 | 0 | ' | ' |
Interest expense, net | 0 | 0 | ' | ' |
Debt extinguishment | 0 | ' | ' | ' |
Loss before equity in income from unconsolidated entities | 0 | 0 | ' | ' |
Equity in income from consolidated entities | -5,323,000 | 4,625,000 | ' | ' |
Equity in income from unconsolidated entities | 0 | 0 | ' | ' |
Income (loss) from continuing operations | -5,323,000 | 4,625,000 | ' | ' |
Income from discontinued operations | 0 | 0 | ' | ' |
Loss before gain on sale of property | -5,323,000 | ' | ' | ' |
Gain on sale of property, net | 0 | ' | ' | ' |
Net loss | -5,323,000 | 4,625,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | ' | ' |
Preferred distributions - consolidated joint venture | 0 | ' | ' | ' |
Net income (loss) attributable to reporting entity | -5,323,000 | 4,625,000 | ' | ' |
Preferred dividends | 0 | 0 | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | -5,323,000 | 4,625,000 | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' |
Net income (loss) | -5,323,000 | 4,625,000 | ' | ' |
Foreign currency translation adjustment | 620,000 | 357,000 | ' | ' |
Comprehensive income (loss) | -4,703,000 | 4,982,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | ' | ' |
Comprehensive loss attributable to FelCor LP | -4,703,000 | 4,982,000 | ' | ' |
Operating activities: | ' | ' | ' | ' |
Cash flows from operating activities | 0 | 0 | ' | ' |
Investing activities: | ' | ' | ' | ' |
Improvements and additions to hotels | 0 | 0 | ' | ' |
Hotel development | 0 | ' | ' | ' |
Payment of selling costs | ' | 0 | ' | ' |
Net proceeds from asset dispositions | 0 | 0 | ' | ' |
Insurance proceeds | 0 | ' | ' | ' |
Change in restricted cash - investing | 0 | ' | ' | ' |
Distributions from unconsolidated entities | 0 | 0 | ' | ' |
Intercompany financing | -37,827,000 | -19,554,000 | ' | ' |
Net cash flow provided by (used in) investing activities | -37,827,000 | -19,554,000 | ' | ' |
Financing activities: | ' | ' | ' | ' |
Proceeds from borrowings | 0 | 0 | ' | ' |
Repayment of borrowings | 0 | 0 | ' | ' |
Distributions paid to preferred unitholders | 0 | 0 | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | 0 | ' | ' | ' |
Intercompany financing | 37,827,000 | 19,554,000 | ' | ' |
Other | 0 | 0 | ' | ' |
Net cash flow provided by financing activities | 37,827,000 | 19,554,000 | ' | ' |
Effect of exchange rate changes on cash | 0 | 0 | ' | ' |
Change in cash and cash equivalents | 0 | 0 | ' | ' |
Cash and cash equivalents at beginning of periods | 0 | 0 | ' | ' |
Cash and cash equivalents at end of periods | 0 | 0 | ' | ' |
Total Consolidated [Member] | ' | ' | ' | ' |
Guarantor Obligations [Line Items] | ' | ' | ' | ' |
Percentage of subsidiary guarantor owned by company | 100.00% | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' |
Net investment in hotels | 1,611,247,000 | ' | 1,653,267,000 | ' |
Hotel development | 236,729,000 | ' | 216,747,000 | ' |
Equity investment in consolidated entities | 0 | ' | 0 | ' |
Investment in unconsolidated entities | 44,634,000 | ' | 46,943,000 | ' |
Hotel Held-for-sale | 19,137,000 | ' | 16,319,000 | ' |
Cash and cash equivalents | 73,526,000 | 61,796,000 | ' | ' |
Restricted cash | 67,047,000 | ' | 77,227,000 | ' |
Accounts receivable, net | 34,486,000 | ' | 35,747,000 | ' |
Deferred expenses, net | 27,635,000 | ' | 29,325,000 | ' |
Other assets | 22,828,000 | ' | 23,060,000 | ' |
Total assets | 2,137,269,000 | ' | 2,144,280,000 | ' |
Debt, net | 1,640,628,000 | ' | 1,663,226,000 | ' |
Distributions payable | 11,195,000 | ' | 11,047,000 | ' |
Accrued expenses and other liabilities | 152,103,000 | ' | 150,738,000 | ' |
Total liabilities | 1,803,926,000 | ' | 1,825,011,000 | ' |
Redeemable units | 5,583,000 | ' | 5,039,000 | ' |
Preferred units | 478,766,000 | ' | 478,774,000 | ' |
Common units | -240,542,000 | ' | -212,888,000 | ' |
Accumulated other comprehensive income | 24,423,000 | ' | 25,043,000 | ' |
Total FelCor LP partners' capital | 262,647,000 | ' | 290,929,000 | ' |
Noncontrolling interests | 24,204,000 | ' | 23,301,000 | ' |
Preferred capital in consolidated joint venture | 40,909,000 | ' | ' | ' |
Total partnersb capital | 327,760,000 | 385,573,000 | 314,230,000 | 422,019,000 |
Total liabilities and equity | 2,137,269,000 | ' | 2,144,280,000 | ' |
Revenues: | ' | ' | ' | ' |
Hotel operating revenue | 221,022,000 | 208,538,000 | ' | ' |
Percentage lease revenue | 0 | 0 | ' | ' |
Other revenue | 327,000 | 399,000 | ' | ' |
Total revenues | 221,349,000 | 208,937,000 | ' | ' |
Expenses: | ' | ' | ' | ' |
Hotel operating expenses | 154,114,000 | 148,996,000 | ' | ' |
Taxes, insurance and lease expense | 23,633,000 | 22,164,000 | ' | ' |
Corporate expenses | 7,825,000 | 7,832,000 | ' | ' |
Depreciation and amortization | 29,601,000 | 29,755,000 | ' | ' |
Conversion expenses | 0 | 628,000 | ' | ' |
Other expenses | 2,014,000 | 821,000 | ' | ' |
Total operating expenses | 217,187,000 | 210,196,000 | ' | ' |
Operating income (loss) | 4,162,000 | -1,259,000 | ' | ' |
Interest expense, net | -25,227,000 | -26,285,000 | ' | ' |
Debt extinguishment | -6,000 | 0 | ' | ' |
Loss before equity in income from unconsolidated entities | -21,071,000 | -27,544,000 | ' | ' |
Equity in income from consolidated entities | 0 | 0 | ' | ' |
Equity in income from unconsolidated entities | 643,000 | 89,000 | ' | ' |
Income (loss) from continuing operations | -20,428,000 | -27,455,000 | ' | ' |
Income from discontinued operations | 135,000 | 850,000 | ' | ' |
Loss before gain on sale of property | -20,293,000 | -26,605,000 | ' | ' |
Gain on sale of property, net | 5,457,000 | 0 | ' | ' |
Net loss | -14,836,000 | -26,605,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 78,000 | 240,000 | ' | ' |
Preferred distributions - consolidated joint venture | -181,000 | 0 | ' | ' |
Net income (loss) attributable to reporting entity | -14,939,000 | -26,365,000 | ' | ' |
Preferred dividends | -9,678,000 | -9,678,000 | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | -24,617,000 | -36,043,000 | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' |
Net income (loss) | -14,836,000 | -26,605,000 | ' | ' |
Foreign currency translation adjustment | -620,000 | -357,000 | ' | ' |
Comprehensive income (loss) | -15,456,000 | -26,962,000 | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 78,000 | 240,000 | ' | ' |
Comprehensive loss attributable to FelCor LP | -15,378,000 | -26,722,000 | ' | ' |
Operating activities: | ' | ' | ' | ' |
Cash flows from operating activities | 22,402,000 | 4,879,000 | ' | ' |
Investing activities: | ' | ' | ' | ' |
Improvements and additions to hotels | -28,617,000 | -23,342,000 | ' | ' |
Hotel development | -23,622,000 | -8,260,000 | ' | ' |
Payment of selling costs | ' | -232,000 | ' | ' |
Net proceeds from asset dispositions | 39,896,000 | -232,000 | ' | ' |
Insurance proceeds | 255,000 | 0 | ' | ' |
Change in restricted cash - investing | 10,180,000 | 825,000 | ' | ' |
Distributions from unconsolidated entities | 2,128,000 | 1,685,000 | ' | ' |
Intercompany financing | ' | 0 | ' | ' |
Other | ' | 825,000 | ' | ' |
Net cash flow provided by (used in) investing activities | 220,000 | -29,324,000 | ' | ' |
Financing activities: | ' | ' | ' | ' |
Proceeds from borrowings | 81,000,000 | 84,245,000 | ' | ' |
Repayment of borrowings | -105,353,000 | -32,346,000 | ' | ' |
Payment of deferred financing fees | -5,000 | -2,022,000 | ' | ' |
Distributions paid to preferred unitholders | -9,678,000 | -9,678,000 | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | 40,909,000 | 0 | ' | ' |
Intercompany financing | 0 | 0 | ' | ' |
Other | -1,580,000 | -1,704,000 | ' | ' |
Net cash flow provided by financing activities | 5,298,000 | 40,517,000 | ' | ' |
Effect of exchange rate changes on cash | -39,000 | -21,000 | ' | ' |
Change in cash and cash equivalents | 27,881,000 | 16,051,000 | ' | ' |
Cash and cash equivalents at beginning of periods | 45,645,000 | 45,745,000 | ' | ' |
Cash and cash equivalents at end of periods | $73,526,000 | $61,796,000 | ' | ' |