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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES:      
Room revenues $ 819,547 $ 855,302 $ 887,358
Franchise and other fee-based revenues 114,600 106,468 100,069
Other hotel revenues 18,972 19,334 19,343
Revenue from leased and owned hotels 953,119 981,104 1,006,770
Brand marketing fund revenues from franchised properties 27,511 25,150 23,204
Total Revenues 980,630 1,006,254 1,029,974
OPERATING EXPENSES:      
Direct lodging expenses 416,682 409,886 398,828
Depreciation and amortization 148,421 147,081 166,642
General and administrative expenses 142,938 115,715 125,697
Other lodging and operating expenses 56,180 62,281 63,513
Marketing, promotional and other advertising expenses 70,613 68,327 69,810
Impairment loss 1,178 104,258 50,121
(Gain) loss on sales (3,665) (4,908) 4,088
Operating expenses 832,347 902,640 878,699
Brand marketing fund expenses from franchised properties 27,511 25,150 23,204
Total Operating Expenses 859,858 927,790 901,903
Operating Income 120,772 78,464 128,071
OTHER INCOME (EXPENSES):      
Interest expense, net (81,617) (81,419) (86,504)
Other income 1,416 2,345 7,632
Total Other Expenses (80,201) (79,074) (78,872)
Income (Loss) Before Income Taxes 40,571 (610) 49,199
Income tax benefit (expense) 111,556 (493) (22,487)
NET INCOME (LOSS) 152,127 (1,103) 26,712
Less: net income attributable to noncontrolling interests (162) (185) (347)
Net Income (Loss) attributable to La Quinta Holdings’ stockholders $ 151,965 $ (1,288) $ 26,365
Earnings (loss) per share:      
Basic earnings (loss) per share $ 1.31 $ (0.01) $ 0.21
Diluted earnings (loss) per share $ 1.30 $ (0.01) $ 0.20