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Consolidated Statement Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue      
Room rentals and other hotel services $ 50,647 $ 58,714 $ 58,799
Operating expenses      
Hotel and property operations 37,092 43,367 44,391
Depreciation and amortization 5,190 5,400 6,437
General and administrative 5,792 5,493 4,192
Acquisition and terminated transactions 550 684  
Terminated equity transactions   246 76
Total operating expenses 48,624 55,190 55,096
Operating income 2,023 3,524 3,703
Net gain (loss) on disposition of assets 23,132 4,798 (1)
Equity in loss of joint venture (244)    
Net gain (loss) on derivatives and convertible debt 6,377 11,578 (14,430)
Other income 55 114 116
Interest expense (4,710) (5,522) (7,116)
Loss on debt extinguishment (2,187) (213) (158)
Impairment loss (1,477) (3,829) (1,269)
Earnings (loss) from continuing operations before income taxes 22,969 10,450 (19,155)
Income tax expense (125)    
Earnings (loss) from continuing operations 22,844 10,450 (19,155)
Gain from discontinued operations, net of tax 678 3,872 2,896
Net earnings (loss) 23,522 14,322 (16,259)
(Earnings) loss attributable to noncontrolling interest (727) (1,197) 23
Net earnings (loss) attributable to controlling interests 22,795 13,125 (16,236)
Dividends declared and undeclared and in kind dividends deemed on preferred stock (20,748) (3,632) (3,452)
Net earnings (loss) attributable to common shareholders $ 2,047 $ 9,493 $ (19,688)
Earnings per Share      
Continuing operations - Basic $ 1.82 $ 8.06 $ (37.64)
Discontinued operations - Basic 0.85 4.55 4.81
Total - Basic Earnings per Share 2.67 12.61 (32.83)
Continuing operations - Diluted 0.78 (0.98) (37.64)
Discontinued operations - Diluted 0.13 $ 0.98 4.81
Total - Diluted Earnings per Share $ 0.91   $ (32.83)