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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Room $ 168,260 $ 148,302 $ 300,883 $ 267,924
Food and beverage 52,842 52,168 102,470 99,003
Other operating 13,536 12,372 26,206 24,149
Total revenues 234,638 212,842 429,559 391,076
OPERATING EXPENSES        
Room 40,537 35,521 77,991 68,956
Food and beverage 35,058 34,032 70,154 66,882
Other operating 3,887 3,729 8,129 7,624
Advertising and promotion 11,240 10,193 22,505 20,094
Repairs and maintenance 8,275 7,593 16,649 15,076
Utilities 6,129 5,892 12,312 11,897
Franchise costs 8,771 7,493 15,249 13,464
Property tax, ground lease and insurance 19,297 17,284 37,765 32,837
Property general and administrative 25,288 23,611 48,894 45,521
Corporate overhead 7,359 7,575 13,530 12,773
Depreciation and amortization 32,175 31,305 66,191 62,187
Total operating expenses 198,016 184,228 389,369 357,311
Operating income 36,622 28,614 40,190 33,765
Interest and other income 788 74 1,351 137
Interest expense (17,272) (19,429) (34,686) (38,788)
Loss on extinguishment of debt     (44) (191)
Income (loss) before income taxes and discontinued operations 20,138 9,259 6,811 (5,077)
Income tax provision (129)   (6,286)  
Income (loss) from continuing operations 20,009 9,259 525 (5,077)
Income from discontinued operations   2,596 48,410 3,964
NET INCOME (LOSS) 20,009 11,855 48,935 (1,113)
Income from consolidated joint venture attributable to non-controlling interest (1,226) (307) (1,523) (867)
Distributions to non-controlling interest (8) (8) (16) (16)
Preferred stock dividends and redemption charge (3,510) (7,437) (14,413) (14,874)
Undistributed income allocated to unvested restricted stock compensation (126) (47) (264)  
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS 15,139 4,056 32,719 (16,870)
COMPREHENSIVE INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS $ 15,139 $ 11,972 $ 32,719 $ (996)
Basic and diluted per share amounts:        
Income (loss) from continuing operations available (attributable) to common stockholders (in dollars per share) $ 0.09 $ 0.01 $ (0.10) $ (0.18)
Income from discontinued operations (in dollars per share) $ 0.00 $ 0.02 $ 0.31 $ 0.04
Basic and diluted income available (loss attributable) to common stockholders per common share (in dollars per share) $ 0.09 $ 0.03 $ 0.21 $ (0.14)
Basic and diluted weighted average common shares outstanding (in shares) 160,843 120,029 155,987 118,728