DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2015

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):

	For the Three Months Ended March 31, 2014

Revenues	$	1,088
Hotel operating expenses	770
Depreciation and amortization	4
Operating income	314
Other income	63
Income before taxes	377
Income tax benefit	1
Income from discontinued operations	$	378

Income from discontinued operations attributable to non-controlling interest	$	5
Income from discontinued operations attributable to common stockholders	$	373

- 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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