DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of condensed results for the hotel properties included in discontinued operations

Condensed results for the hotel properties included in discontinued operations follows (in thousands):

										Summit Hotel
	Summit Hotel Properties, Inc.									Properties, LLC
	2013			2012			Period 2/14/11 through 12/31/11			Period 1/1/11 through 2/13/11

REVENUE	$	19,458		$	33,193		$	30,265		$	3,755

Hotel operating expenses	14,859			24,701			22,762			3,070
Depreciation and amortization	1,960			4,226			4,732			778
Loss on impairment of assets	7,675			2,305			—			—

Income (loss) from hotel operations	(5,036		)	1,961			2,771			(93		)
Interest expense	174			855			3,182			1,226
(Gain) loss on disposal of assets	(3,945		)	(3,010		)	—			—

Income (loss) before taxes	(1,265		)	4,116			(411		)	(1,319		)

Income tax (expense) benefit	537			561			66			211

Income (loss) from discontinued operations	$	(728	)	$	4,677		$	(345	)	$	(1,108	)

Income (loss) from discontinued operations attributable to noncontrolling interests	$	(25	)	$	807		$	(93	)

Income (loss) from discontinued operations attributable to common shareholders / members	$	(703	)	$	3,870		$	(252	)

- 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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