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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2011
Discontinued Operations  
Schedule of operating results of discontinued operations

 

 

 

 

Three Months Ended
June 30, 2011

 

Three Months Ended
June 30, 2010

 

Six Months Ended
June 30, 2011

 

Six Months Ended
June 30, 2010

 

 

 

(unaudited)

 

(unaudited)

 

(unaudited)

 

(unaudited)

 

Operating revenues

 

$

4,076

 

$

23,639

 

$

14,474

 

$

48,428

 

Operating expenses

 

(3,543

)

(19,438

)

(10,771

)

(40,338

)

Interest expense

 

(160

)

(5,150

)

(320

)

(10,999

)

Depreciation and amortization expense

 

(258

)

(1,834

)

(1,951

)

(3,962

)

Impairment loss

 

(1,495

)

 

(1,495

)

 

Gain on extinguishment of debt

 

18,145

 

6,747

 

18,145

 

6,747

 

Gain on sale of hotels

 

14,018

 

 

14,018

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from discontinued operations

 

$

30,783

 

$

3,964

 

$

32,100

 

$

(124

)