Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Summarized Financial Information, Discontinued Operations

Summarized financial information related to the discontinued operations is as follows:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2014			2013		2014			2013
	(in thousands)
Revenues
Hotel operations	$	—		$	1,310	$	801		$	3,600
Total revenues	—			1,310		801			3,600
Expenses
Hotel operations	52			956		884			2,742
Depreciation and amortization	—			127		—			393
Total operating expenses	52			1,083		884			3,135
Operating income (loss)	(52		)	227		(83		)	465
Gain (loss) on disposal of discontinued operations	(30		)	—		2,803			—
Income (loss) from discontinued operations before income taxes	(82		)	227		2,720			465
Income taxes	(31		)	84		1,009			172
Income (loss) from discontinued operations	$	(51	)	$	143	$	1,711		$	293

	As of September 30, 2014			As of December 31, 2013
	(in thousands)
Cash	$	44		$	550
Receivables, net	1			106
Other current assets	100			223
Income taxes receivable	—			20
Total current assets	145			899
Property and equipment, at cost, net	—			8,816
Total assets	$	145		$	9,715
Accounts payable	$	26		$	425
Accrued expenses	10			10
Income taxes payable	1,009			—
Total liabilities	$	1,045		$	435
Net assets (liabilities) of discontinued operations	$	(900	)	$	9,280