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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Room revenues $ 199,744 $ 209,473
Franchise and other fee-based revenues 23,978 22,192
Other hotel revenues 4,796 4,831
Revenue from leased and owned hotels 228,518 236,496
Brand marketing fund revenues from franchise properties 5,754 5,275
Total Revenues 234,272 241,771
OPERATING EXPENSES:    
Direct lodging expenses 100,334 98,912
Depreciation and amortization 36,040 38,297
General and administrative expenses 35,438 25,998
Other lodging and operating expenses 14,060 15,682
Marketing, promotional and other advertising expenses 18,536 19,784
Impairment loss   83,343
Loss on sales 138 0
Operating expenses 204,546 282,016
Brand marketing fund expenses from franchise properties 5,754 5,275
Total Operating Expenses 210,300 287,291
Operating Income (Loss) 23,972 (45,520)
OTHER INCOME (EXPENSES):    
Interest expense, net (19,980) (20,306)
Other (expense) income (24) 983
Total Other (Expenses) Income, net (20,004) (19,323)
Income (Loss) Before Income Taxes 3,968 (64,843)
Income tax (expense) benefit (2,290) 26,119
NET INCOME (LOSS) 1,678 (38,724)
Less: net income attributable to noncontrolling interest (89) (51)
Net Income (Loss) attributable to La Quinta Holdings’ stockholders $ 1,589 $ (38,775)
Earnings (loss) per share:    
Basic and diluted $ 0.01 $ (0.31)