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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue        
Room rentals and other hotel services $ 15,562 $ 13,519 $ 40,175 $ 40,177
Operating Expenses        
Hotel and property operations 10,269 9,452 27,106 29,052
Depreciation and amortization 1,993 1,398 4,813 4,096
General and administrative 1,702 1,367 4,705 4,092
Acquisition and terminated transactions 453 228 1,170 375
Equity transactions     343  
Total operating expenses 14,417 12,445 38,137 37,615
Operating income 1,145 1,074 2,038 2,562
Net gain (loss) on disposition of assets (46) 3,591 4,803 15,814
Equity in earnings (loss) of joint venture 159 (54) 295 (54)
Net gain on derivatives and convertible debt 14 26 416 6,305
Other income (expense), net (43) 85 (83) 87
Interest expense (1,405) (1,127) (3,468) (3,704)
Loss on debt extinguishment   (399) (800) (1,548)
Impairment loss, net (848) (343) (1,598) (1,257)
Earnings (loss) from continuing operations before income taxes (1,024) 2,853 1,603 18,205
Income tax expense 15 50
Earnings (loss) from continuing operations (1,039) 2,853 1,553 18,205
Gain from discontinued operations, net of tax       678
Net earnings (loss) (1,039) 2,853 1,553 18,883
(Earnings) loss attributable to noncontrolling interest 7 (61) (10) (628)
Net earnings (loss) attributable to controlling interests (1,032) 2,792 1,543 18,255
Dividends declared and undeclared and in kind dividends deemed on preferred stock (205) (976) (12,079) (19,773)
Net earnings (loss) attributable to common shareholders $ (1,237) $ 1,816 $ (10,536) $ (1,518)
Earnings per Share        
Continuing operations - Basic $ (0.11) $ 2.41 $ (1.21) $ (2.86)
Discontinued operations - Basic       0.86
Total - Basic Earnings (Loss) per Share (0.11) 2.41 (1.21) (2.00)
Continuing operations - Diluted (0.11) 0.39 (1.21) (2.86)
Discontinued operations - Diluted       0.86
Total - Diluted Earnings (Loss) per Share $ (0.11) $ 0.39 $ (1.21) $ (2.00)