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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Room $ 110,595 $ 101,425
Other hotel operations revenue 7,487 6,223
Total revenues 118,082 107,648
Hotel operating expenses:    
Room 27,269 25,506
Other direct 16,240 15,035
Other indirect 30,629 28,727
Total hotel operating expenses 74,138 69,268
Depreciation and amortization 18,143 15,264
Corporate general and administrative 4,579 4,515
Hotel property acquisition costs 554 0
Total expenses 97,414 89,047
Operating income 20,668 18,601
Other income (expense):    
Interest expense (7,483) (7,247)
Gain (loss) on disposal of assets, net 36,780 (503)
Other income 340 239
Total other income (expense) 29,637 (7,511)
Income from continuing operations before income taxes 50,305 11,090
Income tax expense (1,571) (499)
Net income 48,734 10,591
Less - Income attributable to Operating Partnership (249) (57)
Net income attributable to Summit Hotel Properties, Inc. 48,485 10,534
Preferred dividends (4,147) (4,147)
Net income attributable to common stockholders $ 44,338 $ 6,387
Earnings per share:    
Basic and diluted net income (loss) (in dollars per share) $ 0.51 $ 0.07
Weighted average common shares outstanding:    
Basic (in Shares) 86,360 85,704
Diluted (in Shares) 87,170 86,875