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Quarterly Operating Results (Notes)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results
Quarterly Operating Results (unaudited)
The Company's unaudited condensed consolidated quarterly operating data for the years ended December 31, 2014 and 2013 follows (in thousands, except share and per share data). In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of quarterly results have been reflected in the data. It is also management's opinion, however, that quarterly operating data for hotels enterprises are not indicative of results to be achieved in succeeding years or quarters. In order to obtain a more accurate indication of performance, there should be a review of operating results, changes in shareholders' equity and cash flows for a period of several years.
 
Year ended December 31, 2014
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenue
$
236,373

 
$
295,047

 
$
297,666

 
$
280,111

Income from continuing operations, including gain on disposal of hotel properties
$
11,985

 
$
53,361

 
$
37,064

 
$
34,070

Net income attributable to common shareholders
$
11,932

 
$
52,904

 
$
36,760

 
$
33,845

Comprehensive income
$
10,571

 
$
45,991

 
$
42,327

 
$
28,849

Basic per share data:
 
 
 
 
 
 
 
Income from continuing operations, including gain on disposal of hotel properties
$
0.10

 
$
0.42

 
$
0.28

 
$
0.26

Net income attributable to common shareholders
$
0.10

 
$
0.42

 
$
0.28

 
$
0.26

Diluted per share data:
 
 
 
 
 
 
 
Income from continuing operations, including gain on disposal of hotel properties
$
0.10

 
$
0.42

 
$
0.28

 
$
0.25

Net income attributable to common shareholders
$
0.10

 
$
0.42

 
$
0.28

 
$
0.25

Basic weighted average common shares outstanding
121,740,962

 
125,260,607

 
131,106,440

 
131,189,673

Diluted weighted average common shares outstanding
122,867,755

 
126,475,051

 
132,386,843

 
132,186,832

 
Year ended December 31, 2013
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenue
$
214,870

 
$
260,823

 
$
252,116

 
$
242,571

Income from continuing operations
$
8,803

 
$
38,571

 
$
33,774

 
$
25,595

Discontinued operations
$
(219
)
 
$
2,410

 
$
3,158

 
$
2,087

Net income attributable to common shareholders
$
8,491

 
$
40,510

 
$
36,475

 
$
27,445

Comprehensive income
$
8,016

 
$
45,514

 
$
20,513

 
$
32,937

Basic per share data:
 
 
 
 
 
 
 
Income from continuing operations
$
0.08

 
$
0.32

 
$
0.28

 
$
0.21

Discontinued operations
$

 
$
0.02

 
$
0.03

 
$
0.01

Net income attributable to common shareholders
$
0.08

 
$
0.34

 
$
0.31

 
$
0.22

Diluted per share data:
 
 
 
 
 
 
 
Income from continuing operations
$
0.08

 
$
0.32

 
$
0.27

 
$
0.21

Discontinued operations
$

 
$
0.02

 
$
0.03

 
$
0.01

Net income attributable to common shareholders
$
0.08

 
$
0.34

 
$
0.30

 
$
0.22

Basic weighted average common shares outstanding
106,815,375

 
121,520,253

 
121,594,219

 
121,667,166

Diluted weighted average common shares outstanding
107,423,195

 
122,280,431

 
122,750,121

 
122,540,253