XML 64 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)
3 Months Ended 7 Months Ended 9 Months Ended 3 Months Ended 7 Months Ended 9 Months Ended 1 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2012
SUMMIT HOTEL OP, LP
Sep. 30, 2011
SUMMIT HOTEL OP, LP
Sep. 30, 2011
SUMMIT HOTEL OP, LP
Sep. 30, 2012
SUMMIT HOTEL OP, LP
Feb. 13, 2011
Predecessor
NET INCOME (LOSS) $ 1,640,826 $ 41,422 $ (968,838) $ (1,520,775) $ 1,640,826 $ 41,422 $ (968,838) $ (1,520,775) $ (6,206,556)
Other comprehensive income (loss), net of tax:                  
Change in unrealized loss on derivatives (240,948)     (520,777) (240,928)     (520,777)  
Total other comprehensive income (loss) (240,948)     (520,777) (240,928)     (520,777)  
COMPREHENSIVE INCOME (LOSS) 1,399,878 41,422 (968,838) (2,041,552) 1,399,898 41,422 (968,838) (2,041,552) (6,206,556)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST 39,441     (1,356,678)          
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO SUMMIT HOTEL PROPERTIES, INC./PREDECESSOR 1,360,437 41,422 (968,838) (684,874)         (6,206,556)
PREFERRED DIVIDENDS (1,156,250)     (3,468,750) (1,156,250)     (3,468,750)  
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS/MEMBERS $ 204,187 $ 41,422 $ (968,838) $ (4,153,624) $ 243,648 $ 41,422 $ (968,838) $ (5,510,302) $ (6,206,556)