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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Room rentals and other hotel services $ 12,176 $ 12,346
Operating Expenses    
Hotel and property operations 9,407 9,988
Depreciation and amortization 1,409 1,480
General and administrative 1,448 1,385
Acquisition and terminated transactions 94  
Total operating expenses 12,358 12,853
Operating loss (182) (507)
Net gain on disposition of assets 3,368 13
Net gain on derivatives and convertible debt 6,117 4,823
Other income (expense) (21) 95
Interest expense (1,308) (1,527)
Loss on debt extinguishment (173) (7)
Impairment loss (793) (777)
Earnings from continuing operations before income taxes $ 7,008 $ 2,113
Income tax expense
Earnings from continuing operations $ 7,008 $ 2,113
Gain from discontinued operations, net of tax 679 1,337
Net earnings 7,687 3,450
Earnings attributable to noncontrolling interest (389) (281)
Net earnings attributable to controlling interests 7,298 3,169
Dividends declared and undeclared and in kind dividends deemed on preferred stock (17,740) (891)
Net earnings (loss) attributable to common shareholders $ (10,442) $ 2,278
Basic Earnings Per Share (EPS)    
Continuing operations - Basic $ (2.24) $ 0.23
Discontinued operations - Basic 0.13 0.25
Total - Basic Earnings per Share (2.11) 0.48
Diluted Earnings Per Share (EPS)    
Continuing operations - Diluted (2.24) (0.14)
Discontinued operations - Diluted 0.13 0.05
Total Diluted EPS $ (2.11) $ (0.09)