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Assets Held for Sale and Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]  
Major Classes of Assets as Held for Sale

As of December 31, 2015, the carrying amounts of the major classes of assets for the assets held for sale were as follows:

 

 

 

December 31, 2015

 

 

 

(in thousands)

 

Current assets

 

$

221

 

Property and equipment, net

 

 

34,982

 

Other non-current assets

 

 

320

 

Total assets held for sale

 

$

35,523

 

 

Summary of Results from Discontinued Operations

The following table summarizes the results of the discontinued operations:

 

 

 

For the years ended December 31,

 

 

 

2014

 

 

2013

 

 

 

(in thousands)

 

Hotel revenues

 

$

361

 

 

$

41,477

 

Direct lodging expenses

 

 

651

 

 

 

25,780

 

Other lodging and operating expenses

 

 

62

 

 

 

4,317

 

Operating income

 

 

(352

)

 

 

11,380

 

Depreciation and amortization

 

 

 

 

 

(5,056

)

Impairment charge (see note 10)

 

 

(151

)

 

 

(19,533

)

Gain on sale from discontinued operations

 

 

 

 

 

10,714

 

Loss on discontinued operations

 

$

(503

)

 

$

(2,495

)