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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue    
Room rentals and other hotel services $ 16,679 $ 10,361
Operating Expenses    
Hotel and property operations 10,414 7,613
Depreciation and amortization 2,259 1,051
General and administrative 1,869 1,492
Acquisition and terminated transactions 19 502
Equity transactions   343
Total operating expenses 14,561 11,001
Operating income (loss) 2,118 (640)
Net loss on disposition of assets (24) (3)
Equity in earnings of joint venture 229 111
Net gain on derivatives and convertible debt 447 175
Other income (expense), net (14) (1)
Interest expense (1,928) (971)
Loss on debt extinguishment   (800)
Impairment (loss) recovery, net 93 (271)
Earnings (loss) from continuing operations before income taxes 921 (2,400)
Income tax expense (129)
Net earnings (loss) 792 (2,400)
(Earnings) loss attributable to noncontrolling interest (6) 50
Net earnings (loss) attributable to controlling interests 786 (2,350)
Dividends declared and in kind dividends deemed on preferred stock (144) (11,603)
Net earnings (loss) attributable to common shareholders $ 642 $ (13,953)
Earnings per Share    
Total - Basic Earnings (Loss) per Share $ 0.05 $ (4.75)
Diluted Earnings Per Share    
Total - Diluted Earnings (Loss) per Share $ 0.05 $ (4.75)