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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES:      
Room revenues $ 855,302 $ 887,358 $ 846,203
Franchise and other fee-based revenues 106,468 100,069 89,718
Other hotel revenues 19,334 19,343 19,536
Revenue from leased and owned hotels 981,104 1,006,770 955,457
Brand marketing fund revenues from franchise and managed properties 25,150 23,204 21,481
Total Revenues 1,006,254 1,029,974 976,938
OPERATING EXPENSES:      
Direct lodging expenses 409,886 398,828 378,705
Depreciation and amortization 147,081 166,642 165,887
General and administrative expenses 115,715 125,697 149,894
Other lodging and operating expenses 62,281 63,513 56,984
Marketing, promotional and other advertising expenses 68,327 69,810 62,161
Impairment loss 104,258 50,121 5,157
(Gain) loss on sales (4,908) 4,088  
Operating expenses 902,640 878,699 818,788
Brand marketing fund expenses from franchise and managed properties 25,150 23,204 21,481
Total Operating Expenses 927,790 901,903 840,269
Operating Income 78,464 128,071 136,669
OTHER INCOME (EXPENSES):      
Interest expense, net (81,419) (86,504) (120,945)
Other income 2,345 7,632 3,261
Loss on extinguishment of debt, net 0 0 (2,030)
Total Other Income (Expenses) (79,074) (78,872) (119,714)
(Loss) Income From Continuing Operations Before Income Taxes (610) 49,199 16,955
Income tax expense (493) (22,487) (28,805)
Recognition of net deferred tax liabilities upon C-corporation conversion 0 0 (321,054)
(Loss) Income from Continuing Operations, net of tax (1,103) 26,712 (332,904)
Loss on Discontinued Operations, net of tax     (503)
NET (LOSS) INCOME (1,103) 26,712 (333,407)
Less: Income attributable to noncontrolling interests in continuing operations, net of tax (185) (347) (3,890)
Amounts attributable to La Quinta Holdings’ stockholders      
(Loss) income from continuing operations, net of tax (1,288) 26,365 (336,794)
Loss on Discontinued Operations, net of tax     (503)
Net (Loss) Income attributable to La Quinta Holdings’ stockholders $ (1,288) $ 26,365 $ (337,297)
Earnings (loss) per share:      
Basic (loss) earnings per share $ (0.01) $ 0.21 $ (2.67)
Diluted (loss) earnings per share $ (0.01) $ 0.20 $ (2.67)