Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of operating results of discontinued operations

The following table sets forth the discontinued operations for the years ended December 31, 2014, 2013 and 2012 for the four hotels and the commercial laundry facility sold in 2013, and the four hotels and the office building sold in 2012 (in thousands):


	2014		2013		2012
Operating revenues	$	—	$	3,690	$	100,861
Operating expenses		(350)		(3,686)		(71,089)
Interest expense		—		(99)		(6,490)
Depreciation and amortization expense		—		—		(13,164)
Loss on extinguishment of debt		—		(3,115)		—
Gain on sale of hotels and other assets, net		5,199		51,620		38,292
Income from discontinued operations	$	4,849	$	48,410	$	48,410

Rochester Portfolio

Discontinued Operations

Schedule of activity in accumulated other comprehensive loss

The following table details the activity in accumulated other comprehensive loss in January 2013 due to the sale of the Rochester Portfolio (in thousands):


	One Month Ended		Affected Line in the Company’s Statements of
	January 31, 2013		Operations and Comprehensive Income
Beginning balance of accumulated other comprehensive loss	$	(5,335)
Sale of Rochester Portfolio — pension liability adjustment		5,335	Income from discontinued operations
Ending balance of accumulated other comprehensive loss	$	—

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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