Quarterly Operating Results

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Operating Results

NOTE 14. QUARTERLY OPERATING RESULTS (UNAUDITED)

The Company's unaudited consolidated quarterly operating data for the years endedDecember 31, 2014 and 2013 (in thousands, except per-share data) is below. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of quarterly results have been reflected in the data. It is also management's opinion, however, that quarterly operating data for hotel properties are not indicative of results to be achieved in succeeding quarters or years.

	Year Ended December 31, 2014
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Total revenues	$	125,712		$	147,454	$	169,676	$	155,934
Net income (loss)	4,121			22,893		30,439		16,090
Net income (loss) attributable to the Company	4,078			22,673		30,165		15,950
Net income (loss) attributable to common shareholders	(2,003		)	16,591		23,737		9,462
Net income (loss) per share available to common shareholders, basic and diluted	$	(0.03	)	$	0.26	$	0.36	$	0.13
	Year Ended December 31, 2013
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Total revenues	$	104,914		$	126,301	$	131,234	$	126,768
Net income (loss)	(246		)	14,931		17,527		10,980
Net income (loss) attributable to the Company	(248		)	14,834		17,415		10,917
Net income (loss) attributable to common shareholders	(4,916		)	8,730		11,315		4,836
Net income (loss) per share available to common shareholders, basic and diluted	$	(0.08	)	$	0.14	$	0.18	$	0.08