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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
1 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended
Mar. 31, 2011
Mar. 31, 2012
Feb. 13, 2011
Predecessor
Mar. 31, 2011
SUMMIT HOTEL OP, LP
Mar. 31, 2012
SUMMIT HOTEL OP, LP
REVENUE          
Room revenue $ 17,938,371 $ 39,020,137 $ 13,759,563 $ 17,938,371 $ 39,020,137
Other hotel operations revenue 354,485 985,840 322,437 354,485 985,840
Total Revenue 18,292,856 40,005,977 14,082,000 18,292,856 40,005,977
Hotel operating expenses          
Rooms 4,737,738 11,787,043 4,781,588 4,737,738 11,787,043
Other direct 2,054,291 4,774,531 2,590,844 2,054,291 4,774,531
Other indirect 4,788,729 11,218,315 4,540,476 4,788,729 11,218,315
Other 73,038 210,686 73,038 73,038 210,686
Total hotel operating expenses 11,653,796 27,990,575 11,985,946 11,653,796 27,990,575
Depreciation and amortization 3,299,314 8,223,683 3,299,314 3,299,314 8,223,683
Corporate general and administrative:          
Salaries and other compensation 367,018 811,638   367,018 811,638
Other 765,138 865,550   765,138 865,550
Equity based compensation 126,828 125,874   126,828 125,874
Hotel property acquisition costs   579,938     579,938
Loss on impairment of assets             
Total Expenses 16,212,094 38,597,258 15,285,260 16,212,094 38,597,258
INCOME (LOSS) FROM OPERATIONS 2,080,762 1,408,719 (1,203,260) 2,080,762 1,408,719
OTHER INCOME (EXPENSE)          
Interest income 3,947 1,391 7,139 3,947 1,391
Interest expense (3,511,129) (3,456,365) (4,489,606) (3,511,129) (3,456,365)
Gain (loss) on disposal of assets             
Total Other Income (Expense) (3,507,182) (3,454,974) (4,482,467) (3,507,182) (3,454,974)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (1,426,420) (2,046,255) (5,685,727) (1,426,420) (2,046,255)
INCOME TAX (EXPENSE) BENEFIT (172,302) 267,755 (325,239) (172,302) 267,755
INCOME (LOSS) FROM CONTINUING OPERATIONS (1,598,722) (1,778,500) (6,010,966) (1,598,722) (1,778,500)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS (15,399) (1,026,310) (195,590) (15,399) (1,026,310)
NET INCOME (LOSS) (1,614,121) (2,804,810) (6,206,556) (1,614,121) (2,804,810)
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST (435,813) (1,070,328)      
NET INCOME (LOSS) ATTRIBUTABLE TO SUMMIT HOTEL PROPERTIES, INC./PREDECESSOR (1,178,308) (1,734,482) (6,206,556)    
PREFERRED DIVIDENDS   (1,156,250)     (1,156,250)
NET INCOME (LOSS) NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS/MEMBERS/UNIT HOLDERS $ (1,178,308) $ (2,890,732) $ (6,206,556) $ (1,614,121) $ (3,961,060)
Basic and diluted net income (loss) per share from continuing operations: $ (0.04) $ (0.08)   $ (0.04) $ (0.08)
Basic and diluted net income (loss) per share from discontinued operations: $ 0.00 $ (0.03)   $ 0.00 $ (0.03)
Basic and diluted net income (loss) per share: $ (0.04) $ (0.11)   $ (0.04) $ (0.11)
Weighted-average common shares outstanding:          
Basic and diluted 27,278,000 27,278,000   37,378,000 37,378,000