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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
11 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2011
Dec. 31, 2013
Dec. 31, 2012
Feb. 13, 2011
Summit Hotel Properties, LLC
REVENUES        
Room revenue $ 102,108 $ 283,279 $ 154,600 $ 10,620
Other hotel operations revenue 4,280 15,679 7,100 519
Total revenues 106,388 298,958 161,700 11,139
Hotel operating expenses:        
Rooms 30,216 80,391 45,130 3,674
Other direct 15,478 39,815 21,284 2,288
Other indirect 27,816 77,392 43,377 3,598
Other 478 744 651 44
Total hotel operating expenses 73,988 198,342 110,442 9,604
Depreciation and amortization 21,646 51,184 30,645 2,651
Corporate general and administrative:        
Salaries and other compensation 3,121 8,218 6,039  
Other 3,440 4,711 3,534  
Hotel property acquisition costs 254 1,886 3,050  
Loss on impairment of assets   1,369 660  
Total expenses 102,449 265,710 154,370 12,255
Income (loss) from operations 3,939 33,248 7,330 (1,116)
OTHER INCOME (EXPENSE)        
Interest income (1) 83 35 2
Other income (expense)   (343) 731  
Interest expense (9,993) (20,137) (14,909) (3,435)
Debt transaction costs   (1,697) (661)  
Gain (loss) on disposal of assets (36) 363 (199)  
Gain (loss) on derivative financial instruments   2 (2)  
Total other income (expense) (10,030) (21,729) (15,005) (3,433)
Income (loss) from continuing operation before income tax (6,091) 11,519 (7,675) (4,549)
Income tax (expense) benefit 2,259 (4,894) 728 (550)
Income (loss) from continuing operations (3,832) 6,625 (6,947) (5,099)
Income (loss) from discontinued operations (345) (728) 4,677 (1,108)
Net income (loss) (4,177) 5,897 (2,270) (6,207)
Net income (loss) attributable to noncontrolling interests in:        
Operating partnership (1,240) (297) (1,194)  
Joint venture   316    
Net income (loss) attributable to Summit Hotel Properties, Inc./ Predecessor (2,937) 5,878 (1,076) (6,207)
Preferred dividends (411) (14,590) (4,625)  
Net income (loss) attributable to common shareholders $ (3,348) $ (8,712) $ (5,701) $ (6,207)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic (in Shares) 27,278 70,327 33,717  
Diluted (in Shares) 27,278 70,737 33,849  
Basic and diluted net income (loss) per share from:        
Continuing operations (in dollars per share) $ (0.11) $ (0.11) $ (0.28)  
Discontinued operations (in dollars per share) $ (0.01) $ (0.01) $ 0.11  
Basic and diluted net income (loss) per share (in dollars per share) $ (0.12) $ (0.12) $ (0.17)  
DIVIDENDS PER SHARE (in dollars per share) $ 0.28 $ 0.45 $ 0.45