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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Room rentals and other hotel services $ 16,059 $ 14,789 $ 27,349 $ 26,170
EXPENSES        
Hotel and property operations 11,102 10,878 20,924 20,710
Depreciation and amortization 1,617 1,532 3,219 3,122
General and administrative 1,092 980 2,077 2,039
Acquisition and termination expense 0 28 0 49
Terminated equity transactions (3) 0 65 0
Total expenses 13,808 13,418 26,285 25,920
EARNINGS (LOSS) BEFORE NET LOSS ON DISPOSITIONS OF ASSETS, OTHER INCOME, INTEREST EXPENSE AND INCOME TAXES 2,251 1,371 1,064 250
Net loss on dispositions of assets (1) (8) (27) (37)
Other income (loss) (11,624) 2,131 (9,478) 1,834
Interest expense (1,819) (1,330) (3,548) (2,669)
Loss on debt extinguishment (94) (117) (104) (208)
Impairment 0 (7) 119 (7)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (11,287) 2,040 (11,974) (837)
Income tax expense 0 0 0 0
EARNINGS (LOSS) FROM CONTINUING OPERATIONS (11,287) 2,040 (11,974) (837)
Gain (loss) from discontinued operations, net of tax 829 338 1,011 (850)
NET EARNINGS (LOSS) (10,458) 2,378 (10,963) (1,687)
Earnings (loss) attributable to noncontrolling interest 15 (4) 16 3
NET EARNINGS (LOSS) ATTRIBUTABLE TO CONTROLLING INTERESTS (10,443) 2,374 (10,947) (1,684)
Preferred stock dividends declared and undeclared (858) (837) (1,704) (1,674)
Net earnings (loss) attributable to common shareholders - total basic $ (11,301) $ 1,537 $ (12,651) $ (3,358)
NET EARNINGS (LOSS) PER COMMON SHARE—BASIC AND DILUTED        
EPS from continuing operations - Basic $ (3.69) $ 0.41 $ (4.42) $ (0.87)
EPS from discontinued operations - Basic $ 0.25 $ 0.12 $ 0.33 $ (0.29)
Total - Basic EPS $ (3.44) $ 0.53 $ (4.09) $ (1.16)
EPS Diluted $ (3.44) $ (0.01) $ (4.09) $ (1.16)