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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Room rentals and other hotel services $ 8,841 $ 14,666 $ 26,879 $ 46,746
Operating Expenses        
Hotel and property operations 7,334 9,718 22,238 29,266
Depreciation and amortization 2,780 2,405 8,267 7,161
General and administrative 894 1,210 3,101 4,445
Acquisition and terminated transactions   1   15
Strategic alternatives, net 636 1,052 860 1,886
Total operating expenses 11,644 14,386 34,466 42,773
Operating income (loss) (2,803) 280 (7,587) 3,973
Net gain (loss) on disposition of assets (3) (14) (13) 9
Equity in earnings (loss) of joint venture   (84) 80 595
Net gain (loss) on derivatives and convertible debt 131 (223) (609) (916)
Other expense, net (4) (27) (90) (80)
Interest expense (2,103) (1,912) (6,153) (6,169)
Loss before income taxes (4,782) (1,980) (14,372) (2,588)
Income tax benefit (expense) (27) (8) 340 (655)
Net loss (4,809) (1,988) (14,032) (3,243)
Loss attributable to noncontrolling interest 2 10 5 17
Net loss attributable to controlling interests (4,807) (1,978) (14,027) (3,226)
Dividends declared and undeclared on preferred stock (169) (145) (458) (434)
Net loss attributable to common shareholders $ (4,976) $ (2,123) $ (14,485) $ (3,660)
Earnings (Loss) per Share        
Total - Basic Earnings (Loss) per Share $ (0.42) $ (0.18) $ (1.21) $ (0.31)
Total - Diluted Earnings (Loss) per Share $ (0.42) $ (0.18) $ (1.21) $ (0.31)