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CONSOLIDATED/COMBINED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 20, 2014
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2013
Operating expenses        
Provision for income taxes     $ 3,105  
Less: Net income attributable to non-controlling interests     189  
Net income (loss) attributable to American Realty Capital Hospitality Trust, Inc.   $ (14,841) (94,826)  
Successor        
Revenues        
Rooms   26,163 420,617  
Food and beverage   5,612 15,908  
Other   3,096 9,659  
Total revenue   34,871 446,184  
Operating expenses        
Rooms   5,411 99,543  
Food and beverage   3,785 12,774  
Management fees   1,498 22,107  
Other property-level operating expenses   13,049 171,488  
Depreciation and amortization   2,796 68,500  
Rent   3,879 6,249  
Total operating expenses   30,418 380,661  
Income from operations   4,453 65,523  
Interest expense   (5,958) (80,667)  
Acquisition and transaction related costs   (10,884) (64,513)  
Other income (expense)   103 (491)  
Equity in earnings (losses) of unconsolidated entities   352 238  
General and administrative   (2,316) (11,621)  
Total other expenses, net   (18,703) (157,054)  
Net income (loss) before taxes   (14,250) (91,531)  
Provision for income taxes   591 3,106  
Net income (loss) and comprehensive loss   (14,841) (94,637)  
Less: Net income attributable to non-controlling interests   0 189  
Net income (loss) attributable to American Realty Capital Hospitality Trust, Inc.   $ (14,841) $ (94,826)  
Basic and diluted net loss per share (usd per share)   $ (5.25) $ (3.91)  
Basic and diluted weighted average shares outstanding (shares)   2,826,352 24,199,686  
Predecessor        
Revenues        
Rooms $ 6,026     $ 30,489
Food and beverage 1,543     6,267
Other 676     3,041
Total revenue 8,245     39,797
Operating expenses        
Rooms 1,405     6,340
Food and beverage 1,042     4,461
Management fees 289     1,471
Other property-level operating expenses 3,490     15,664
Depreciation and amortization 994     5,105
Rent 933     4,321
Total operating expenses 8,153     37,362
Income from operations 92     2,435
Interest expense (531)     (2,265)
Acquisition and transaction related costs 0     0
Other income (expense) 0     0
Equity in earnings (losses) of unconsolidated entities (166)     (65)
General and administrative 0     0
Total other expenses, net (697)     (2,330)
Net income (loss) before taxes (605)     105
Provision for income taxes 0     0
Net income (loss) and comprehensive loss (605)     105
Less: Net income attributable to non-controlling interests 0     0
Net income (loss) attributable to American Realty Capital Hospitality Trust, Inc. $ (605)     $ 105