FelCor LP's Consolidating Financial Information (Details) (USD $) | 3 Months Ended | 9 Months Ended | | | |
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Jul. 25, 2014 | Dec. 31, 2013 | Dec. 31, 2012 |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' | ' | ' | ' |
Net investment in hotels | $1,657,551,000 | ' | $1,657,551,000 | ' | ' | $1,653,267,000 | ' |
Hotel development | 278,619,000 | ' | 278,619,000 | ' | ' | 216,747,000 | ' |
Investment in unconsolidated entities | 17,741,000 | ' | 17,741,000 | ' | 19,900,000 | 46,943,000 | ' |
Hotel held for sale | 26,690,000 | ' | 26,690,000 | ' | ' | 16,319,000 | ' |
Cash and cash equivalents | 60,110,000 | 68,589,000 | 60,110,000 | 68,589,000 | ' | ' | ' |
Restricted cash | 34,263,000 | ' | 34,263,000 | ' | ' | 77,227,000 | ' |
Accounts receivable, net | 34,696,000 | ' | 34,696,000 | ' | ' | 35,747,000 | ' |
Deferred expenses, net | 27,353,000 | ' | 27,353,000 | ' | ' | 29,325,000 | ' |
Other assets | 22,924,000 | ' | 22,924,000 | ' | ' | 23,060,000 | ' |
Total assets | 2,159,947,000 | ' | 2,159,947,000 | ' | ' | 2,144,280,000 | ' |
Debt, net | 1,621,644,000 | ' | 1,621,644,000 | ' | ' | 1,663,226,000 | ' |
Distributions payable | 11,263,000 | ' | 11,263,000 | ' | ' | 11,047,000 | ' |
Accrued expenses and other liabilities | 151,915,000 | ' | 151,915,000 | ' | ' | 150,738,000 | ' |
Total liabilities | 1,784,822,000 | ' | 1,784,822,000 | ' | ' | 1,825,011,000 | ' |
Redeemable units | 5,723,000 | 3,804,000 | 5,723,000 | 3,804,000 | ' | 5,039,000 | 2,902,000 |
Accumulated other comprehensive income | 0 | ' | 0 | ' | ' | 24,937,000 | ' |
Preferred capital in consolidated joint venture | 41,443,000 | ' | 41,443,000 | ' | ' | 0 | ' |
Total liabilities and equity | 2,159,947,000 | ' | 2,159,947,000 | ' | ' | 2,144,280,000 | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating revenue | 232,449,000 | 228,845,000 | 711,750,000 | 676,188,000 | ' | ' | ' |
Other revenue | 1,607,000 | 1,584,000 | 3,170,000 | 3,034,000 | ' | ' | ' |
Total revenues | 234,056,000 | 230,429,000 | 714,920,000 | 679,222,000 | ' | ' | ' |
Expenses: | ' | ' | ' | ' | ' | ' | ' |
Taxes, insurance and lease expense | 19,131,000 | 25,836,000 | 69,756,000 | 72,853,000 | ' | ' | ' |
Corporate expenses | 6,442,000 | 5,817,000 | 21,914,000 | 20,343,000 | ' | ' | ' |
Depreciation and amortization | 28,523,000 | 29,820,000 | 87,206,000 | 89,473,000 | ' | ' | ' |
Impairment loss | 0 | 0 | 0 | 24,441,000 | ' | ' | ' |
Conversion expenses | 0 | -81,000 | 0 | 1,134,000 | ' | ' | ' |
Other expenses | 9,746,000 | 2,102,000 | 13,874,000 | 6,838,000 | ' | ' | ' |
Total operating expenses | 215,646,000 | 214,912,000 | 661,368,000 | 669,411,000 | ' | ' | ' |
Operating income | 18,410,000 | 15,517,000 | 53,552,000 | 9,811,000 | ' | ' | ' |
Interest expense, net | -21,922,000 | -25,796,000 | -71,644,000 | -78,457,000 | ' | ' | ' |
Debt extinguishment | -4,730,000 | 0 | -4,763,000 | 0 | ' | ' | ' |
Gain on sale of investment in unconsolidated entities, net | 30,184,000 | 0 | 30,184,000 | 0 | ' | ' | ' |
Gain from remeasurement of unconsolidated entities | 20,733,000 | 0 | 20,733,000 | 0 | ' | ' | ' |
Other gains, net | 0 | 21,000 | 100,000 | 21,000 | ' | ' | ' |
Income (loss) before equity in income from unconsolidated entities | 42,675,000 | -10,258,000 | 28,162,000 | -68,625,000 | ' | ' | ' |
Equity in income from unconsolidated entities | 1,347,000 | 2,100,000 | 4,756,000 | 4,095,000 | ' | ' | ' |
Income (loss) from continuing operations | 44,022,000 | -8,158,000 | 32,918,000 | -64,530,000 | ' | ' | ' |
Income (loss) from discontinued operations | -8,000 | 11,947,000 | 132,000 | 18,919,000 | ' | ' | ' |
Gain on sale of hotels, net | 29,556,000 | 0 | 50,639,000 | 0 | ' | ' | ' |
Net income (loss) | 73,570,000 | 3,789,000 | 83,689,000 | -45,611,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -646,000 | -591,000 | -830,000 | 3,621,000 | ' | ' | ' |
Preferred distributions - consolidated joint venture | -348,000 | 0 | -870,000 | 0 | ' | ' | ' |
Net income (loss) attributable to reporting entity | 72,391,000 | 3,230,000 | 81,854,000 | -41,638,000 | ' | ' | ' |
Preferred dividends | -9,678,000 | -9,678,000 | -29,034,000 | -29,034,000 | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 73,570,000 | 3,789,000 | 83,689,000 | -45,611,000 | ' | ' | ' |
Foreign currency translation adjustment | -445,000 | 329,000 | -490,000 | -595,000 | ' | ' | ' |
Reclassification of foreign currency translation to gain | -24,448,000 | 0 | -24,448,000 | 0 | ' | ' | ' |
Comprehensive income (loss) | 48,677,000 | 4,118,000 | 58,751,000 | -46,206,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -646,000 | -591,000 | -830,000 | 3,621,000 | ' | ' | ' |
Comprehensive income (loss) attributable to FelCor | 47,499,000 | 3,557,000 | 56,917,000 | -42,230,000 | ' | ' | ' |
Operating activities: | ' | ' | ' | ' | ' | ' | ' |
Cash flows from operating activities | ' | ' | 87,665,000 | 68,371,000 | ' | ' | ' |
Investing activities: | ' | ' | ' | ' | ' | ' | ' |
Improvements and additions to hotels | ' | ' | -65,547,000 | -74,456,000 | ' | ' | ' |
Hotel development | ' | ' | -63,381,000 | -46,724,000 | ' | ' | ' |
Net proceeds from asset sales | ' | ' | 119,991,000 | 89,929,000 | ' | ' | ' |
Proceeds from unconsolidated joint venture transaction | ' | ' | 4,032,000 | 0 | ' | ' | ' |
Insurance proceeds | ' | ' | 255,000 | 218,000 | ' | ' | ' |
Change in restricted cash - investing | ' | ' | 42,964,000 | -670,000 | ' | ' | ' |
Contributions to unconsolidated entities | ' | ' | 0 | 1,500,000 | ' | ' | ' |
Net cash flow provided by (used in) investing activities | ' | ' | 48,972,000 | -26,985,000 | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds from borrowings | ' | ' | 439,607,000 | 137,245,000 | ' | ' | ' |
Repayment of borrowings | ' | ' | -553,867,000 | -123,741,000 | ' | ' | ' |
Payment of deferred financing fees | ' | ' | -3,052,000 | -2,723,000 | ' | ' | ' |
Acquisition of noncontrolling interest | ' | ' | -5,850,000 | 0 | ' | ' | ' |
Distributions paid to noncontrolling interests | ' | ' | -8,634,000 | -3,279,000 | ' | ' | ' |
Contributions from noncontrolling interests | ' | ' | 5,508,000 | 3,024,000 | ' | ' | ' |
Distributions paid to common stockholders | ' | ' | -7,453,000 | 0 | ' | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | ' | ' | 41,443,000 | 0 | ' | ' | ' |
Net cash flow used in financing activities | ' | ' | -122,120,000 | -18,508,000 | ' | ' | ' |
Effect of exchange rate changes on cash | ' | ' | -52,000 | -34,000 | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | 14,465,000 | 22,844,000 | ' | ' | ' |
Cash and cash equivalents at beginning of periods | ' | ' | 45,645,000 | 45,745,000 | ' | ' | ' |
Cash and cash equivalents at end of periods | 60,110,000 | 68,589,000 | 60,110,000 | 68,589,000 | ' | ' | ' |
FelCor Lodging LP [Member] | ' | ' | ' | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' | ' | ' | ' |
Net investment in hotels | 2,330,000 | ' | 2,330,000 | ' | ' | 48,971,000 | ' |
Hotel development | 0 | ' | 0 | ' | ' | 0 | ' |
Equity investment in consolidated entities | 1,343,871,000 | ' | 1,343,871,000 | ' | ' | 1,508,593,000 | ' |
Investment in unconsolidated entities | 8,952,000 | ' | 8,952,000 | ' | ' | 34,090,000 | ' |
Hotel held for sale | 7,515,000 | ' | 7,515,000 | ' | ' | 0 | ' |
Cash and cash equivalents | 17,428,000 | 15,731,000 | 17,428,000 | 15,731,000 | ' | ' | ' |
Restricted cash | 0 | ' | 0 | ' | ' | 0 | ' |
Accounts receivable, net | 857,000 | ' | 857,000 | ' | ' | 516,000 | ' |
Deferred expenses, net | 17,820,000 | ' | 17,820,000 | ' | ' | 20,540,000 | ' |
Other assets | 6,183,000 | ' | 6,183,000 | ' | ' | 6,248,000 | ' |
Total assets | 1,404,956,000 | ' | 1,404,956,000 | ' | ' | 1,624,185,000 | ' |
Debt, net | 1,050,000,000 | ' | 1,050,000,000 | ' | ' | 1,279,190,000 | ' |
Distributions payable | 11,150,000 | ' | 11,150,000 | ' | ' | 11,047,000 | ' |
Accrued expenses and other liabilities | 28,787,000 | ' | 28,787,000 | ' | ' | 37,980,000 | ' |
Total liabilities | 1,089,937,000 | ' | 1,089,937,000 | ' | ' | 1,328,217,000 | ' |
Redeemable units | 5,723,000 | ' | 5,723,000 | ' | ' | 5,039,000 | ' |
Preferred units | 478,766,000 | ' | 478,766,000 | ' | ' | 478,774,000 | ' |
Common units | -169,470,000 | ' | -169,470,000 | ' | ' | -212,888,000 | ' |
Accumulated other comprehensive income | ' | ' | ' | ' | ' | 25,043,000 | ' |
Total FelCor LP partners' capital | 309,296,000 | ' | 309,296,000 | ' | ' | 290,929,000 | ' |
Noncontrolling interests | 0 | ' | 0 | ' | ' | 0 | ' |
Preferred capital in consolidated joint venture | 0 | ' | 0 | ' | ' | ' | ' |
Total partners’ capital | 309,296,000 | ' | 309,296,000 | ' | ' | 290,929,000 | ' |
Total liabilities and equity | 1,404,956,000 | ' | 1,404,956,000 | ' | ' | 1,624,185,000 | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating revenue | 0 | 0 | 0 | 0 | ' | ' | ' |
Percentage lease revenue | 2,537,000 | 2,756,000 | 5,846,000 | 5,633,000 | ' | ' | ' |
Other revenue | 3,000 | 1,000 | 4,000 | 6,000 | ' | ' | ' |
Total revenues | 2,540,000 | 2,757,000 | 5,850,000 | 5,639,000 | ' | ' | ' |
Expenses: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating expenses | 0 | 0 | 0 | 0 | ' | ' | ' |
Taxes, insurance and lease expense | 506,000 | 1,066,000 | 1,375,000 | 1,756,000 | ' | ' | ' |
Corporate expenses | 152,000 | -212,000 | 423,000 | 169,000 | ' | ' | ' |
Depreciation and amortization | 694,000 | 1,004,000 | 2,678,000 | 3,439,000 | ' | ' | ' |
Impairment loss | ' | ' | ' | 14,294,000 | ' | ' | ' |
Conversion expenses | ' | 0 | ' | 23,000 | ' | ' | ' |
Other expenses | 84,000 | 105,000 | 119,000 | 2,883,000 | ' | ' | ' |
Total operating expenses | 1,436,000 | 1,963,000 | 4,595,000 | 22,564,000 | ' | ' | ' |
Operating income | 1,104,000 | 794,000 | 1,255,000 | -16,925,000 | ' | ' | ' |
Interest expense, net | -16,850,000 | -20,976,000 | -57,634,000 | -63,961,000 | ' | ' | ' |
Debt extinguishment | -3,816,000 | ' | -3,816,000 | ' | ' | ' | ' |
Gain on sale of investment in unconsolidated entities, net | 30,184,000 | ' | 30,184,000 | ' | ' | ' | ' |
Gain from remeasurement of unconsolidated entities | 20,733,000 | ' | 20,733,000 | ' | ' | ' | ' |
Other gains, net | ' | 0 | 0 | 0 | ' | ' | ' |
Income (loss) before equity in income from unconsolidated entities | 31,355,000 | -20,182,000 | -9,278,000 | -80,886,000 | ' | ' | ' |
Equity in income from consolidated entities | 40,734,000 | 21,537,000 | 88,114,000 | 38,096,000 | ' | ' | ' |
Equity in income from unconsolidated entities | 1,099,000 | 1,602,000 | 4,213,000 | 3,454,000 | ' | ' | ' |
Income (loss) from continuing operations | 73,188,000 | 2,957,000 | 83,049,000 | -39,336,000 | ' | ' | ' |
Income (loss) from discontinued operations | 0 | 241,000 | 0 | -2,654,000 | ' | ' | ' |
Income before gain on sale of hotels | 73,188,000 | ' | 83,049,000 | ' | ' | ' | ' |
Gain on sale of hotels, net | -612,000 | ' | -1,060,000 | ' | ' | ' | ' |
Net income (loss) | 72,576,000 | 3,198,000 | 81,989,000 | -41,990,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 0 | ' | ' | ' |
Preferred distributions - consolidated joint venture | 0 | ' | 0 | ' | ' | ' | ' |
Net income (loss) attributable to reporting entity | 72,576,000 | 3,198,000 | 81,989,000 | -41,990,000 | ' | ' | ' |
Preferred dividends | -9,678,000 | -9,678,000 | -29,034,000 | -29,034,000 | ' | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | 62,898,000 | -6,480,000 | 52,955,000 | -71,024,000 | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 72,576,000 | 3,198,000 | 81,989,000 | -41,990,000 | ' | ' | ' |
Foreign currency translation adjustment | -445,000 | 329,000 | -490,000 | -595,000 | ' | ' | ' |
Reclassification of foreign currency translation to gain | -24,553,000 | ' | -24,553,000 | ' | ' | ' | ' |
Comprehensive income (loss) | 47,578,000 | 3,527,000 | 56,946,000 | -42,585,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 0 | ' | ' | ' |
Comprehensive income (loss) attributable to FelCor | 47,578,000 | 3,527,000 | 56,946,000 | -42,585,000 | ' | ' | ' |
Operating activities: | ' | ' | ' | ' | ' | ' | ' |
Cash flows from operating activities | ' | ' | -50,911,000 | -33,236,000 | ' | ' | ' |
Investing activities: | ' | ' | ' | ' | ' | ' | ' |
Improvements and additions to hotels | ' | ' | -409,000 | 2,467,000 | ' | ' | ' |
Hotel development | ' | ' | 0 | 0 | ' | ' | ' |
Net proceeds from asset sales | ' | ' | -1,091,000 | -24,000 | ' | ' | ' |
Proceeds from unconsolidated joint venture transaction | ' | ' | 3,154,000 | ' | ' | ' | ' |
Insurance proceeds | ' | ' | 0 | ' | ' | ' | ' |
Change in restricted cash - investing | ' | ' | 0 | ' | ' | ' | ' |
Distributions from unconsolidated entities | ' | ' | 6,052,000 | 5,343,000 | ' | ' | ' |
Contributions to unconsolidated entities | ' | ' | ' | 0 | ' | ' | ' |
Intercompany financing | ' | ' | 328,666,000 | 64,238,000 | ' | ' | ' |
Other | ' | ' | ' | 0 | ' | ' | ' |
Net cash flow provided by (used in) investing activities | ' | ' | 336,372,000 | 72,024,000 | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds from borrowings | ' | ' | 0 | 0 | ' | ' | ' |
Repayment of borrowings | ' | ' | -236,738,000 | 0 | ' | ' | ' |
Payment of deferred financing fees | ' | ' | -4,000 | ' | ' | ' | ' |
Acquisition of noncontrolling interest | ' | ' | 0 | ' | ' | ' | ' |
Distributions paid to noncontrolling interests | ' | ' | 0 | ' | ' | ' | ' |
Contributions from noncontrolling interests | ' | ' | 0 | ' | ' | ' | ' |
Distributions paid to preferred unitholders | ' | ' | -29,034,000 | -29,034,000 | ' | ' | ' |
Distributions paid to common stockholders | ' | ' | -7,453,000 | ' | ' | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | ' | ' | 0 | ' | ' | ' | ' |
Intercompany financing | ' | ' | 0 | 0 | ' | ' | ' |
Other | ' | ' | -31,000 | -2,335,000 | ' | ' | ' |
Net cash flow used in financing activities | ' | ' | -273,260,000 | -31,369,000 | ' | ' | ' |
Effect of exchange rate changes on cash | ' | ' | 0 | 0 | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | 12,201,000 | 7,419,000 | ' | ' | ' |
Cash and cash equivalents at beginning of periods | ' | ' | 5,227,000 | 8,312,000 | ' | ' | ' |
Cash and cash equivalents at end of periods | 17,428,000 | 15,731,000 | 17,428,000 | 15,731,000 | ' | ' | ' |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' | ' | ' | ' |
Net investment in hotels | 911,642,000 | ' | 911,642,000 | ' | ' | 1,053,724,000 | ' |
Hotel development | 0 | ' | 0 | ' | ' | 0 | ' |
Equity investment in consolidated entities | 0 | ' | 0 | ' | ' | 0 | ' |
Investment in unconsolidated entities | 7,468,000 | ' | 7,468,000 | ' | ' | 11,497,000 | ' |
Hotel held for sale | 0 | ' | 0 | ' | ' | 0 | ' |
Cash and cash equivalents | 38,770,000 | 45,649,000 | 38,770,000 | 45,649,000 | ' | ' | ' |
Restricted cash | 10,410,000 | ' | 10,410,000 | ' | ' | 9,051,000 | ' |
Accounts receivable, net | 32,923,000 | ' | 32,923,000 | ' | ' | 34,366,000 | ' |
Deferred expenses, net | 0 | ' | 0 | ' | ' | 0 | ' |
Other assets | 9,442,000 | ' | 9,442,000 | ' | ' | 10,767,000 | ' |
Total assets | 1,010,655,000 | ' | 1,010,655,000 | ' | ' | 1,152,688,000 | ' |
Debt, net | 0 | ' | 0 | ' | ' | 11,953,000 | ' |
Distributions payable | 0 | ' | 0 | ' | ' | 0 | ' |
Accrued expenses and other liabilities | 102,867,000 | ' | 102,867,000 | ' | ' | 96,494,000 | ' |
Total liabilities | 102,867,000 | ' | 102,867,000 | ' | ' | 108,447,000 | ' |
Redeemable units | 0 | ' | 0 | ' | ' | 0 | ' |
Preferred units | 0 | ' | 0 | ' | ' | 0 | ' |
Common units | 908,038,000 | ' | 908,038,000 | ' | ' | 1,039,903,000 | ' |
Accumulated other comprehensive income | ' | ' | ' | ' | ' | 4,569,000 | ' |
Total FelCor LP partners' capital | 908,038,000 | ' | 908,038,000 | ' | ' | 1,044,472,000 | ' |
Noncontrolling interests | -250,000 | ' | -250,000 | ' | ' | -231,000 | ' |
Preferred capital in consolidated joint venture | 0 | ' | 0 | ' | ' | ' | ' |
Total partners’ capital | 907,788,000 | ' | 907,788,000 | ' | ' | 1,044,241,000 | ' |
Total liabilities and equity | 1,010,655,000 | ' | 1,010,655,000 | ' | ' | 1,152,688,000 | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating revenue | 232,449,000 | 228,845,000 | 711,750,000 | 676,188,000 | ' | ' | ' |
Percentage lease revenue | 0 | 0 | 0 | 0 | ' | ' | ' |
Other revenue | 1,425,000 | 1,401,000 | 2,774,000 | 2,653,000 | ' | ' | ' |
Total revenues | 233,874,000 | 230,246,000 | 714,524,000 | 678,841,000 | ' | ' | ' |
Expenses: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating expenses | 151,804,000 | 151,418,000 | 468,618,000 | 454,329,000 | ' | ' | ' |
Taxes, insurance and lease expense | 45,188,000 | 45,204,000 | 141,561,000 | 132,630,000 | ' | ' | ' |
Corporate expenses | 4,295,000 | 4,694,000 | 14,627,000 | 15,048,000 | ' | ' | ' |
Depreciation and amortization | 17,199,000 | 18,038,000 | 52,969,000 | 53,515,000 | ' | ' | ' |
Impairment loss | ' | ' | ' | 0 | ' | ' | ' |
Conversion expenses | ' | -17,000 | ' | 666,000 | ' | ' | ' |
Other expenses | 7,116,000 | 1,174,000 | 8,745,000 | 2,533,000 | ' | ' | ' |
Total operating expenses | 225,602,000 | 220,511,000 | 686,520,000 | 658,721,000 | ' | ' | ' |
Operating income | 8,272,000 | 9,735,000 | 28,004,000 | 20,120,000 | ' | ' | ' |
Interest expense, net | -126,000 | -317,000 | -760,000 | -940,000 | ' | ' | ' |
Debt extinguishment | 0 | ' | 0 | ' | ' | ' | ' |
Gain on sale of investment in unconsolidated entities, net | 0 | ' | 0 | ' | ' | ' | ' |
Gain from remeasurement of unconsolidated entities | 0 | ' | 0 | ' | ' | ' | ' |
Other gains, net | ' | 0 | 100,000 | 0 | ' | ' | ' |
Income (loss) before equity in income from unconsolidated entities | 8,146,000 | 9,418,000 | 27,344,000 | 19,180,000 | ' | ' | ' |
Equity in income from consolidated entities | 0 | 0 | 0 | 0 | ' | ' | ' |
Equity in income from unconsolidated entities | 259,000 | 509,000 | 577,000 | 675,000 | ' | ' | ' |
Income (loss) from continuing operations | 8,405,000 | 9,927,000 | 27,921,000 | 19,855,000 | ' | ' | ' |
Income (loss) from discontinued operations | -8,000 | 2,001,000 | 26,000 | 1,466,000 | ' | ' | ' |
Income before gain on sale of hotels | 8,397,000 | ' | 27,947,000 | ' | ' | ' | ' |
Gain on sale of hotels, net | 22,176,000 | ' | 22,147,000 | ' | ' | ' | ' |
Net income (loss) | 30,573,000 | 11,928,000 | 50,094,000 | 21,321,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 217,000 | 319,000 | 238,000 | 558,000 | ' | ' | ' |
Preferred distributions - consolidated joint venture | 0 | ' | 0 | ' | ' | ' | ' |
Net income (loss) attributable to reporting entity | 30,790,000 | 12,247,000 | 50,332,000 | 21,879,000 | ' | ' | ' |
Preferred dividends | 0 | 0 | 0 | 0 | ' | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | 30,790,000 | 12,247,000 | 50,332,000 | 21,879,000 | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 30,573,000 | 11,928,000 | 50,094,000 | 21,321,000 | ' | ' | ' |
Foreign currency translation adjustment | -103,000 | 54,000 | -121,000 | -153,000 | ' | ' | ' |
Reclassification of foreign currency translation to gain | -4,448,000 | ' | -4,448,000 | ' | ' | ' | ' |
Comprehensive income (loss) | 26,022,000 | 11,982,000 | 45,525,000 | 21,168,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 217,000 | 319,000 | 238,000 | 558,000 | ' | ' | ' |
Comprehensive income (loss) attributable to FelCor | 26,239,000 | 12,301,000 | 45,763,000 | 21,726,000 | ' | ' | ' |
Operating activities: | ' | ' | ' | ' | ' | ' | ' |
Cash flows from operating activities | ' | ' | 89,148,000 | 73,336,000 | ' | ' | ' |
Investing activities: | ' | ' | ' | ' | ' | ' | ' |
Improvements and additions to hotels | ' | ' | -46,114,000 | -46,230,000 | ' | ' | ' |
Hotel development | ' | ' | 0 | 0 | ' | ' | ' |
Net proceeds from asset sales | ' | ' | 13,981,000 | 18,277,000 | ' | ' | ' |
Proceeds from unconsolidated joint venture transaction | ' | ' | 0 | ' | ' | ' | ' |
Insurance proceeds | ' | ' | 255,000 | ' | ' | ' | ' |
Change in restricted cash - investing | ' | ' | -1,783,000 | ' | ' | ' | ' |
Distributions from unconsolidated entities | ' | ' | 4,606,000 | 875,000 | ' | ' | ' |
Contributions to unconsolidated entities | ' | ' | ' | 1,500,000 | ' | ' | ' |
Intercompany financing | ' | ' | 0 | 0 | ' | ' | ' |
Other | ' | ' | ' | 2,006,000 | ' | ' | ' |
Net cash flow provided by (used in) investing activities | ' | ' | -29,055,000 | -26,572,000 | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds from borrowings | ' | ' | 0 | 0 | ' | ' | ' |
Repayment of borrowings | ' | ' | 0 | 0 | ' | ' | ' |
Payment of deferred financing fees | ' | ' | 0 | ' | ' | ' | ' |
Acquisition of noncontrolling interest | ' | ' | 0 | ' | ' | ' | ' |
Distributions paid to noncontrolling interests | ' | ' | -684,000 | ' | ' | ' | ' |
Contributions from noncontrolling interests | ' | ' | 901,000 | ' | ' | ' | ' |
Distributions paid to preferred unitholders | ' | ' | 0 | 0 | ' | ' | ' |
Distributions paid to common stockholders | ' | ' | 0 | ' | ' | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | ' | ' | 0 | ' | ' | ' | ' |
Intercompany financing | ' | ' | -54,771,000 | -31,907,000 | ' | ' | ' |
Other | ' | ' | 0 | 401,000 | ' | ' | ' |
Net cash flow used in financing activities | ' | ' | -54,554,000 | -31,506,000 | ' | ' | ' |
Effect of exchange rate changes on cash | ' | ' | -52,000 | -34,000 | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | 5,487,000 | 15,224,000 | ' | ' | ' |
Cash and cash equivalents at beginning of periods | ' | ' | 33,283,000 | 30,425,000 | ' | ' | ' |
Cash and cash equivalents at end of periods | 38,770,000 | 45,649,000 | 38,770,000 | 45,649,000 | ' | ' | ' |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' | ' | ' | ' |
Net investment in hotels | 743,579,000 | ' | 743,579,000 | ' | ' | 550,572,000 | ' |
Hotel development | 278,619,000 | ' | 278,619,000 | ' | ' | 216,747,000 | ' |
Equity investment in consolidated entities | 0 | ' | 0 | ' | ' | 0 | ' |
Investment in unconsolidated entities | 1,321,000 | ' | 1,321,000 | ' | ' | 1,356,000 | ' |
Hotel held for sale | 19,175,000 | ' | 19,175,000 | ' | ' | 16,319,000 | ' |
Cash and cash equivalents | 3,912,000 | 7,209,000 | 3,912,000 | 7,209,000 | ' | ' | ' |
Restricted cash | 23,853,000 | ' | 23,853,000 | ' | ' | 68,176,000 | ' |
Accounts receivable, net | 916,000 | ' | 916,000 | ' | ' | 865,000 | ' |
Deferred expenses, net | 9,533,000 | ' | 9,533,000 | ' | ' | 8,785,000 | ' |
Other assets | 7,299,000 | ' | 7,299,000 | ' | ' | 17,998,000 | ' |
Total assets | 1,088,207,000 | ' | 1,088,207,000 | ' | ' | 887,953,000 | ' |
Debt, net | 612,431,000 | ' | 612,431,000 | ' | ' | 464,036,000 | ' |
Distributions payable | 113,000 | ' | 113,000 | ' | ' | 0 | ' |
Accrued expenses and other liabilities | 20,261,000 | ' | 20,261,000 | ' | ' | 16,264,000 | ' |
Total liabilities | 632,805,000 | ' | 632,805,000 | ' | ' | 480,300,000 | ' |
Redeemable units | 0 | ' | 0 | ' | ' | 0 | ' |
Preferred units | 0 | ' | 0 | ' | ' | 0 | ' |
Common units | 395,046,000 | ' | 395,046,000 | ' | ' | 363,647,000 | ' |
Accumulated other comprehensive income | ' | ' | ' | ' | ' | 20,474,000 | ' |
Total FelCor LP partners' capital | 395,046,000 | ' | 395,046,000 | ' | ' | 384,121,000 | ' |
Noncontrolling interests | 18,913,000 | ' | 18,913,000 | ' | ' | 23,532,000 | ' |
Preferred capital in consolidated joint venture | 41,443,000 | ' | 41,443,000 | ' | ' | ' | ' |
Total partners’ capital | 455,402,000 | ' | 455,402,000 | ' | ' | 407,653,000 | ' |
Total liabilities and equity | 1,088,207,000 | ' | 1,088,207,000 | ' | ' | 887,953,000 | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating revenue | 0 | 0 | 0 | 0 | ' | ' | ' |
Percentage lease revenue | 27,872,000 | 20,950,000 | 77,882,000 | 65,882,000 | ' | ' | ' |
Other revenue | 179,000 | 182,000 | 392,000 | 375,000 | ' | ' | ' |
Total revenues | 28,051,000 | 21,132,000 | 78,274,000 | 66,257,000 | ' | ' | ' |
Expenses: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating expenses | 0 | 0 | 0 | 0 | ' | ' | ' |
Taxes, insurance and lease expense | 3,846,000 | 3,272,000 | 10,548,000 | 9,982,000 | ' | ' | ' |
Corporate expenses | 1,995,000 | 1,335,000 | 6,864,000 | 5,126,000 | ' | ' | ' |
Depreciation and amortization | 10,630,000 | 10,778,000 | 31,559,000 | 32,519,000 | ' | ' | ' |
Impairment loss | ' | ' | ' | 10,147,000 | ' | ' | ' |
Conversion expenses | ' | -64,000 | ' | 445,000 | ' | ' | ' |
Other expenses | 2,546,000 | 823,000 | 5,010,000 | 1,422,000 | ' | ' | ' |
Total operating expenses | 19,017,000 | 16,144,000 | 53,981,000 | 59,641,000 | ' | ' | ' |
Operating income | 9,034,000 | 4,988,000 | 24,293,000 | 6,616,000 | ' | ' | ' |
Interest expense, net | -4,946,000 | -4,503,000 | -13,250,000 | -13,556,000 | ' | ' | ' |
Debt extinguishment | -914,000 | ' | -947,000 | ' | ' | ' | ' |
Gain on sale of investment in unconsolidated entities, net | 0 | ' | 0 | ' | ' | ' | ' |
Gain from remeasurement of unconsolidated entities | 0 | ' | 0 | ' | ' | ' | ' |
Other gains, net | ' | 21,000 | 0 | 21,000 | ' | ' | ' |
Income (loss) before equity in income from unconsolidated entities | 3,174,000 | 506,000 | 10,096,000 | -6,919,000 | ' | ' | ' |
Equity in income from consolidated entities | 0 | 0 | 0 | 0 | ' | ' | ' |
Equity in income from unconsolidated entities | -11,000 | -11,000 | -34,000 | -34,000 | ' | ' | ' |
Income (loss) from continuing operations | 3,163,000 | 495,000 | 10,062,000 | -6,953,000 | ' | ' | ' |
Income (loss) from discontinued operations | 0 | 9,705,000 | 106,000 | 20,107,000 | ' | ' | ' |
Income before gain on sale of hotels | 3,163,000 | ' | 10,168,000 | ' | ' | ' | ' |
Gain on sale of hotels, net | 7,992,000 | ' | 29,552,000 | ' | ' | ' | ' |
Net income (loss) | 11,155,000 | 10,200,000 | 39,720,000 | 13,154,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -863,000 | -910,000 | -1,068,000 | 3,063,000 | ' | ' | ' |
Preferred distributions - consolidated joint venture | -348,000 | ' | -870,000 | ' | ' | ' | ' |
Net income (loss) attributable to reporting entity | 9,944,000 | 9,290,000 | 37,782,000 | 16,217,000 | ' | ' | ' |
Preferred dividends | 0 | 0 | 0 | 0 | ' | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | 9,944,000 | 9,290,000 | 37,782,000 | 16,217,000 | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 11,155,000 | 10,200,000 | 39,720,000 | 13,154,000 | ' | ' | ' |
Foreign currency translation adjustment | -342,000 | 275,000 | -369,000 | -442,000 | ' | ' | ' |
Reclassification of foreign currency translation to gain | -20,105,000 | ' | -20,105,000 | ' | ' | ' | ' |
Comprehensive income (loss) | -9,292,000 | 10,475,000 | 19,246,000 | 12,712,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -863,000 | -910,000 | -1,068,000 | 3,063,000 | ' | ' | ' |
Comprehensive income (loss) attributable to FelCor | -10,503,000 | 9,565,000 | 17,308,000 | 15,775,000 | ' | ' | ' |
Operating activities: | ' | ' | ' | ' | ' | ' | ' |
Cash flows from operating activities | ' | ' | 49,428,000 | 28,271,000 | ' | ' | ' |
Investing activities: | ' | ' | ' | ' | ' | ' | ' |
Improvements and additions to hotels | ' | ' | -19,024,000 | -30,693,000 | ' | ' | ' |
Hotel development | ' | ' | -63,381,000 | -46,724,000 | ' | ' | ' |
Net proceeds from asset sales | ' | ' | 107,101,000 | 71,676,000 | ' | ' | ' |
Proceeds from unconsolidated joint venture transaction | ' | ' | 878,000 | ' | ' | ' | ' |
Insurance proceeds | ' | ' | 0 | ' | ' | ' | ' |
Change in restricted cash - investing | ' | ' | 44,747,000 | ' | ' | ' | ' |
Distributions from unconsolidated entities | ' | ' | 0 | 0 | ' | ' | ' |
Contributions to unconsolidated entities | ' | ' | ' | 0 | ' | ' | ' |
Intercompany financing | ' | ' | 0 | 0 | ' | ' | ' |
Other | ' | ' | ' | -2,458,000 | ' | ' | ' |
Net cash flow provided by (used in) investing activities | ' | ' | 70,321,000 | -8,199,000 | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds from borrowings | ' | ' | 439,607,000 | 137,245,000 | ' | ' | ' |
Repayment of borrowings | ' | ' | -317,129,000 | -123,741,000 | ' | ' | ' |
Payment of deferred financing fees | ' | ' | -3,048,000 | ' | ' | ' | ' |
Acquisition of noncontrolling interest | ' | ' | -5,850,000 | ' | ' | ' | ' |
Distributions paid to noncontrolling interests | ' | ' | -7,950,000 | ' | ' | ' | ' |
Contributions from noncontrolling interests | ' | ' | 4,607,000 | ' | ' | ' | ' |
Distributions paid to preferred unitholders | ' | ' | 0 | 0 | ' | ' | ' |
Distributions paid to common stockholders | ' | ' | 0 | ' | ' | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | ' | ' | 41,443,000 | ' | ' | ' | ' |
Intercompany financing | ' | ' | -273,895,000 | -32,331,000 | ' | ' | ' |
Other | ' | ' | -757,000 | -1,044,000 | ' | ' | ' |
Net cash flow used in financing activities | ' | ' | -122,972,000 | -19,871,000 | ' | ' | ' |
Effect of exchange rate changes on cash | ' | ' | 0 | 0 | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | -3,223,000 | 201,000 | ' | ' | ' |
Cash and cash equivalents at beginning of periods | ' | ' | 7,135,000 | 7,008,000 | ' | ' | ' |
Cash and cash equivalents at end of periods | 3,912,000 | 7,209,000 | 3,912,000 | 7,209,000 | ' | ' | ' |
Consolidation, Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' |
CONDENSED CONSOLIDATING BALANCE SHEET | ' | ' | ' | ' | ' | ' | ' |
Net investment in hotels | 0 | ' | 0 | ' | ' | 0 | ' |
Hotel development | 0 | ' | 0 | ' | ' | 0 | ' |
Equity investment in consolidated entities | -1,343,871,000 | ' | -1,343,871,000 | ' | ' | -1,508,593,000 | ' |
Investment in unconsolidated entities | 0 | ' | 0 | ' | ' | 0 | ' |
Hotel held for sale | 0 | ' | 0 | ' | ' | 0 | ' |
Cash and cash equivalents | 0 | 0 | 0 | 0 | ' | ' | ' |
Restricted cash | 0 | ' | 0 | ' | ' | 0 | ' |
Accounts receivable, net | 0 | ' | 0 | ' | ' | 0 | ' |
Deferred expenses, net | 0 | ' | 0 | ' | ' | 0 | ' |
Other assets | 0 | ' | 0 | ' | ' | -11,953,000 | ' |
Total assets | -1,343,871,000 | ' | -1,343,871,000 | ' | ' | -1,520,546,000 | ' |
Debt, net | -40,787,000 | ' | -40,787,000 | ' | ' | -91,953,000 | ' |
Distributions payable | 0 | ' | 0 | ' | ' | 0 | ' |
Accrued expenses and other liabilities | 0 | ' | 0 | ' | ' | 0 | ' |
Total liabilities | -40,787,000 | ' | -40,787,000 | ' | ' | -91,953,000 | ' |
Redeemable units | 0 | ' | 0 | ' | ' | 0 | ' |
Preferred units | 0 | ' | 0 | ' | ' | 0 | ' |
Common units | -1,303,084,000 | ' | -1,303,084,000 | ' | ' | -1,403,550,000 | ' |
Accumulated other comprehensive income | ' | ' | ' | ' | ' | -25,043,000 | ' |
Total FelCor LP partners' capital | -1,303,084,000 | ' | -1,303,084,000 | ' | ' | -1,428,593,000 | ' |
Noncontrolling interests | 0 | ' | 0 | ' | ' | 0 | ' |
Preferred capital in consolidated joint venture | 0 | ' | 0 | ' | ' | ' | ' |
Total partners’ capital | -1,303,084,000 | ' | -1,303,084,000 | ' | ' | -1,428,593,000 | ' |
Total liabilities and equity | -1,343,871,000 | ' | -1,343,871,000 | ' | ' | -1,520,546,000 | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating revenue | 0 | 0 | 0 | 0 | ' | ' | ' |
Percentage lease revenue | -30,409,000 | -23,706,000 | -83,728,000 | -71,515,000 | ' | ' | ' |
Other revenue | 0 | 0 | 0 | 0 | ' | ' | ' |
Total revenues | -30,409,000 | -23,706,000 | -83,728,000 | -71,515,000 | ' | ' | ' |
Expenses: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating expenses | 0 | 0 | 0 | 0 | ' | ' | ' |
Taxes, insurance and lease expense | -30,409,000 | -23,706,000 | -83,728,000 | -71,515,000 | ' | ' | ' |
Corporate expenses | 0 | 0 | 0 | 0 | ' | ' | ' |
Depreciation and amortization | 0 | 0 | 0 | 0 | ' | ' | ' |
Impairment loss | ' | ' | ' | 0 | ' | ' | ' |
Conversion expenses | ' | 0 | ' | 0 | ' | ' | ' |
Other expenses | 0 | 0 | 0 | 0 | ' | ' | ' |
Total operating expenses | -30,409,000 | -23,706,000 | -83,728,000 | -71,515,000 | ' | ' | ' |
Operating income | 0 | 0 | 0 | 0 | ' | ' | ' |
Interest expense, net | 0 | 0 | 0 | 0 | ' | ' | ' |
Debt extinguishment | 0 | ' | 0 | ' | ' | ' | ' |
Gain on sale of investment in unconsolidated entities, net | 0 | ' | 0 | ' | ' | ' | ' |
Gain from remeasurement of unconsolidated entities | 0 | ' | 0 | ' | ' | ' | ' |
Other gains, net | ' | 0 | 0 | 0 | ' | ' | ' |
Income (loss) before equity in income from unconsolidated entities | 0 | 0 | 0 | 0 | ' | ' | ' |
Equity in income from consolidated entities | -40,734,000 | -21,537,000 | -88,114,000 | -38,096,000 | ' | ' | ' |
Equity in income from unconsolidated entities | 0 | 0 | 0 | 0 | ' | ' | ' |
Income (loss) from continuing operations | -40,734,000 | -21,537,000 | -88,114,000 | -38,096,000 | ' | ' | ' |
Income (loss) from discontinued operations | 0 | 0 | 0 | 0 | ' | ' | ' |
Income before gain on sale of hotels | -40,734,000 | ' | -88,114,000 | ' | ' | ' | ' |
Gain on sale of hotels, net | 0 | ' | 0 | ' | ' | ' | ' |
Net income (loss) | -40,734,000 | -21,537,000 | -88,114,000 | -38,096,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 0 | ' | ' | ' |
Preferred distributions - consolidated joint venture | 0 | ' | 0 | ' | ' | ' | ' |
Net income (loss) attributable to reporting entity | -40,734,000 | -21,537,000 | -88,114,000 | -38,096,000 | ' | ' | ' |
Preferred dividends | 0 | 0 | 0 | 0 | ' | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | -40,734,000 | -21,537,000 | -88,114,000 | -38,096,000 | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | -40,734,000 | -21,537,000 | -88,114,000 | -38,096,000 | ' | ' | ' |
Foreign currency translation adjustment | 445,000 | -329,000 | 490,000 | 595,000 | ' | ' | ' |
Reclassification of foreign currency translation to gain | 24,553,000 | ' | 24,553,000 | ' | ' | ' | ' |
Comprehensive income (loss) | -15,736,000 | -21,866,000 | -63,071,000 | -37,501,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 0 | ' | ' | ' |
Comprehensive income (loss) attributable to FelCor | -15,736,000 | -21,866,000 | -63,071,000 | -37,501,000 | ' | ' | ' |
Operating activities: | ' | ' | ' | ' | ' | ' | ' |
Cash flows from operating activities | ' | ' | 0 | 0 | ' | ' | ' |
Investing activities: | ' | ' | ' | ' | ' | ' | ' |
Improvements and additions to hotels | ' | ' | 0 | ' | ' | ' | ' |
Hotel development | ' | ' | 0 | 0 | ' | ' | ' |
Net proceeds from asset sales | ' | ' | 0 | 0 | ' | ' | ' |
Proceeds from unconsolidated joint venture transaction | ' | ' | 0 | ' | ' | ' | ' |
Insurance proceeds | ' | ' | 0 | ' | ' | ' | ' |
Change in restricted cash - investing | ' | ' | 0 | ' | ' | ' | ' |
Distributions from unconsolidated entities | ' | ' | 0 | 0 | ' | ' | ' |
Contributions to unconsolidated entities | ' | ' | ' | 0 | ' | ' | ' |
Intercompany financing | ' | ' | -328,666,000 | -64,238,000 | ' | ' | ' |
Other | ' | ' | ' | 0 | ' | ' | ' |
Net cash flow provided by (used in) investing activities | ' | ' | -328,666,000 | -64,238,000 | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds from borrowings | ' | ' | 0 | 0 | ' | ' | ' |
Repayment of borrowings | ' | ' | 0 | 0 | ' | ' | ' |
Payment of deferred financing fees | ' | ' | 0 | ' | ' | ' | ' |
Acquisition of noncontrolling interest | ' | ' | 0 | ' | ' | ' | ' |
Distributions paid to noncontrolling interests | ' | ' | 0 | ' | ' | ' | ' |
Contributions from noncontrolling interests | ' | ' | 0 | ' | ' | ' | ' |
Distributions paid to preferred unitholders | ' | ' | 0 | 0 | ' | ' | ' |
Distributions paid to common stockholders | ' | ' | 0 | ' | ' | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | ' | ' | 0 | ' | ' | ' | ' |
Intercompany financing | ' | ' | 328,666,000 | 64,238,000 | ' | ' | ' |
Other | ' | ' | 0 | 0 | ' | ' | ' |
Net cash flow used in financing activities | ' | ' | 328,666,000 | 64,238,000 | ' | ' | ' |
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 | 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 | 1,657,551,000 | ' | 1,657,551,000 | ' | ' | 1,653,267,000 | ' |
Hotel development | 278,619,000 | ' | 278,619,000 | ' | ' | 216,747,000 | ' |
Equity investment in consolidated entities | 0 | ' | 0 | ' | ' | 0 | ' |
Investment in unconsolidated entities | 17,741,000 | ' | 17,741,000 | ' | ' | 46,943,000 | ' |
Hotel held for sale | 26,690,000 | ' | 26,690,000 | ' | ' | 16,319,000 | ' |
Cash and cash equivalents | 60,110,000 | 68,589,000 | 60,110,000 | 68,589,000 | ' | ' | ' |
Restricted cash | 34,263,000 | ' | 34,263,000 | ' | ' | 77,227,000 | ' |
Accounts receivable, net | 34,696,000 | ' | 34,696,000 | ' | ' | 35,747,000 | ' |
Deferred expenses, net | 27,353,000 | ' | 27,353,000 | ' | ' | 29,325,000 | ' |
Other assets | 22,924,000 | ' | 22,924,000 | ' | ' | 23,060,000 | ' |
Total assets | 2,159,947,000 | ' | 2,159,947,000 | ' | ' | 2,144,280,000 | ' |
Debt, net | 1,621,644,000 | ' | 1,621,644,000 | ' | ' | 1,663,226,000 | ' |
Distributions payable | 11,263,000 | ' | 11,263,000 | ' | ' | 11,047,000 | ' |
Accrued expenses and other liabilities | 151,915,000 | ' | 151,915,000 | ' | ' | 150,738,000 | ' |
Total liabilities | 1,784,822,000 | ' | 1,784,822,000 | ' | ' | 1,825,011,000 | ' |
Redeemable units | 5,723,000 | ' | 5,723,000 | ' | ' | 5,039,000 | ' |
Preferred units | 478,766,000 | ' | 478,766,000 | ' | ' | 478,774,000 | ' |
Common units | -169,470,000 | ' | -169,470,000 | ' | ' | -212,888,000 | ' |
Accumulated other comprehensive income | 0 | ' | 0 | ' | ' | 25,043,000 | ' |
Total FelCor LP partners' capital | 309,296,000 | ' | 309,296,000 | ' | ' | 290,929,000 | ' |
Noncontrolling interests | 18,663,000 | ' | 18,663,000 | ' | ' | 23,301,000 | ' |
Preferred capital in consolidated joint venture | 41,443,000 | ' | 41,443,000 | ' | ' | ' | ' |
Total partners’ capital | 369,402,000 | 348,384,000 | 369,402,000 | 348,384,000 | ' | 314,230,000 | 422,019,000 |
Total liabilities and equity | 2,159,947,000 | ' | 2,159,947,000 | ' | ' | 2,144,280,000 | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating revenue | 232,449,000 | 228,845,000 | 711,750,000 | 676,188,000 | ' | ' | ' |
Percentage lease revenue | 0 | 0 | 0 | 0 | ' | ' | ' |
Other revenue | 1,607,000 | 1,584,000 | 3,170,000 | 3,034,000 | ' | ' | ' |
Total revenues | 234,056,000 | 230,429,000 | 714,920,000 | 679,222,000 | ' | ' | ' |
Expenses: | ' | ' | ' | ' | ' | ' | ' |
Hotel operating expenses | 151,804,000 | 151,418,000 | 468,618,000 | 454,329,000 | ' | ' | ' |
Taxes, insurance and lease expense | 19,131,000 | 25,836,000 | 69,756,000 | 72,853,000 | ' | ' | ' |
Corporate expenses | 6,442,000 | 5,817,000 | 21,914,000 | 20,343,000 | ' | ' | ' |
Depreciation and amortization | 28,523,000 | 29,820,000 | 87,206,000 | 89,473,000 | ' | ' | ' |
Impairment loss | 0 | 0 | 0 | 24,441,000 | ' | ' | ' |
Conversion expenses | 0 | -81,000 | 0 | 1,134,000 | ' | ' | ' |
Other expenses | 9,746,000 | 2,102,000 | 13,874,000 | 6,838,000 | ' | ' | ' |
Total operating expenses | 215,646,000 | 214,912,000 | 661,368,000 | 669,411,000 | ' | ' | ' |
Operating income | 18,410,000 | 15,517,000 | 53,552,000 | 9,811,000 | ' | ' | ' |
Interest expense, net | -21,922,000 | -25,796,000 | -71,644,000 | -78,457,000 | ' | ' | ' |
Debt extinguishment | -4,730,000 | 0 | -4,763,000 | 0 | ' | ' | ' |
Gain on sale of investment in unconsolidated entities, net | 30,184,000 | 0 | 30,184,000 | 0 | ' | ' | ' |
Gain from remeasurement of unconsolidated entities | 20,733,000 | 0 | 20,733,000 | 0 | ' | ' | ' |
Other gains, net | 0 | 21,000 | 100,000 | 21,000 | ' | ' | ' |
Income (loss) before equity in income from unconsolidated entities | 42,675,000 | -10,258,000 | 28,162,000 | -68,625,000 | ' | ' | ' |
Equity in income from consolidated entities | 0 | 0 | 0 | 0 | ' | ' | ' |
Equity in income from unconsolidated entities | 1,347,000 | 2,100,000 | 4,756,000 | 4,095,000 | ' | ' | ' |
Income (loss) from continuing operations | 44,022,000 | -8,158,000 | 32,918,000 | -64,530,000 | ' | ' | ' |
Income (loss) from discontinued operations | -8,000 | 11,947,000 | 132,000 | 18,919,000 | ' | ' | ' |
Income before gain on sale of hotels | 44,014,000 | ' | 33,050,000 | ' | ' | ' | ' |
Gain on sale of hotels, net | 29,556,000 | 0 | 50,639,000 | 0 | ' | ' | ' |
Net income (loss) | 73,570,000 | 3,789,000 | 83,689,000 | -45,611,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -646,000 | -591,000 | -830,000 | 3,621,000 | ' | ' | ' |
Preferred distributions - consolidated joint venture | -348,000 | 0 | -870,000 | 0 | ' | ' | ' |
Net income (loss) attributable to reporting entity | 72,576,000 | 3,198,000 | 81,989,000 | -41,990,000 | ' | ' | ' |
Preferred dividends | -9,678,000 | -9,678,000 | -29,034,000 | -29,034,000 | ' | ' | ' |
Net income (loss) attributable to FelCor LP common unitholders | 62,898,000 | -6,480,000 | 52,955,000 | -71,024,000 | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 73,570,000 | 3,789,000 | 83,689,000 | -45,611,000 | ' | ' | ' |
Foreign currency translation adjustment | -445,000 | 329,000 | -490,000 | -595,000 | ' | ' | ' |
Reclassification of foreign currency translation to gain | -24,553,000 | 0 | -24,553,000 | 0 | ' | ' | ' |
Comprehensive income (loss) | 48,572,000 | 4,118,000 | 58,646,000 | -46,206,000 | ' | ' | ' |
Comprehensive loss attributable to noncontrolling interests | -646,000 | -591,000 | -830,000 | 3,621,000 | ' | ' | ' |
Comprehensive income (loss) attributable to FelCor | 47,578,000 | 3,527,000 | 56,946,000 | -42,585,000 | ' | ' | ' |
Operating activities: | ' | ' | ' | ' | ' | ' | ' |
Cash flows from operating activities | ' | ' | 87,665,000 | 68,371,000 | ' | ' | ' |
Investing activities: | ' | ' | ' | ' | ' | ' | ' |
Improvements and additions to hotels | ' | ' | -65,547,000 | -74,456,000 | ' | ' | ' |
Hotel development | ' | ' | -63,381,000 | -46,724,000 | ' | ' | ' |
Net proceeds from asset sales | ' | ' | 119,991,000 | 89,929,000 | ' | ' | ' |
Proceeds from unconsolidated joint venture transaction | ' | ' | 4,032,000 | 0 | ' | ' | ' |
Insurance proceeds | ' | ' | 255,000 | 218,000 | ' | ' | ' |
Change in restricted cash - investing | ' | ' | 42,964,000 | -670,000 | ' | ' | ' |
Distributions from unconsolidated entities | ' | ' | 10,658,000 | 6,218,000 | ' | ' | ' |
Contributions to unconsolidated entities | ' | ' | 0 | 1,500,000 | ' | ' | ' |
Intercompany financing | ' | ' | 0 | 0 | ' | ' | ' |
Other | ' | ' | ' | -452,000 | ' | ' | ' |
Net cash flow provided by (used in) investing activities | ' | ' | 48,972,000 | -26,985,000 | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds from borrowings | ' | ' | 439,607,000 | 137,245,000 | ' | ' | ' |
Repayment of borrowings | ' | ' | -553,867,000 | -123,741,000 | ' | ' | ' |
Payment of deferred financing fees | ' | ' | -3,052,000 | -2,723,000 | ' | ' | ' |
Acquisition of noncontrolling interest | ' | ' | -5,850,000 | 0 | ' | ' | ' |
Distributions paid to noncontrolling interests | ' | ' | -8,634,000 | -3,279,000 | ' | ' | ' |
Contributions from noncontrolling interests | ' | ' | 5,508,000 | 3,024,000 | ' | ' | ' |
Distributions paid to preferred unitholders | ' | ' | -29,034,000 | -29,034,000 | ' | ' | ' |
Distributions paid to common stockholders | ' | ' | -7,453,000 | 0 | ' | ' | ' |
Net proceeds from issuance of preferred capital - consolidated joint venture | ' | ' | 41,443,000 | 0 | ' | ' | ' |
Intercompany financing | ' | ' | 0 | 0 | ' | ' | ' |
Other | ' | ' | -788,000 | -2,978,000 | ' | ' | ' |
Net cash flow used in financing activities | ' | ' | -122,120,000 | -18,508,000 | ' | ' | ' |
Effect of exchange rate changes on cash | ' | ' | -52,000 | -34,000 | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | 14,465,000 | 22,844,000 | ' | ' | ' |
Cash and cash equivalents at beginning of periods | ' | ' | 45,645,000 | 45,745,000 | ' | ' | ' |
Cash and cash equivalents at end of periods | $60,110,000 | $68,589,000 | $60,110,000 | $68,589,000 | ' | ' | ' |