Segment Information (Tables)

3 Months Ended

Mar. 31, 2013

Segment Information

Segment Information

For the Three Months Ended March 31, 2013
	Hotels		Travel Centers		Corporate			Consolidated
Hotel operating revenues	$	291,651	$	—	$	—		$	291,651
Rental income	8,688		53,524		—			62,212
FF&E reserve income	603		—		—			603
Total revenues	300,942		53,524		—			354,466
Hotel operating expenses	206,649		—		—			206,649
Depreciation and amortization	48,677		23,603		—			72,280
General and administrative	—		—		12,144			12,144
Acquisition related costs	276		—		—			276
Loss on asset impairment	—		—		—			—
Total expenses	255,602		23,603		12,144			291,349
Operating income (loss)	45,340		29,921		(12,144		)	63,117
Interest income	—		—		19			19
Interest expense	—		—		(35,188		)	(35,188		)
Equity in earnings of an investee	—		—		76			76
Income (loss) before income taxes	45,340		29,921		(47,237		)	28,024
Income tax expense	—		—		(518		)	(518		)
Net income (loss)	$	45,340	$	29,921	$	(47,755	)	$	27,506
	As of March 31, 2013
	Hotels		Travel Centers		Corporate			Consolidated
Total assets	$	3,398,033	$	2,222,853	$	38,344		$	5,659,230
	For the Three Months Ended March 31, 2012
	Hotels		Travel Centers		Corporate			Consolidated
Hotel operating revenues	$	224,985	$	—	$	—		$	224,985
Rental income	21,942		51,318		—			73,260
FF&E reserve income	3,175		—		—			3,175
Total revenues	250,102		51,318		—			301,420
Hotel operating expenses	150,021		—		—			150,021
Depreciation and amortization	39,958		21,405		—			61,363
General and administrative	—		—		10,522			10,522
Acquisition related costs	1,060		—		—			1,060
Loss on asset impairment	889		—		—			889
Total expenses	191,928		21,405		10,522			223,855
Operating income (loss)	58,174		29,913		(10,522		)	77,565
Interest income	—		—		66			66
Interest expense	—		—		(34,092		)	(34,092		)
Equity in earnings of an investee	—		—		45			45
Income (loss) before income taxes	58,174		29,913		(44,503		)	43,584
Income tax expense	—		—		(636		)	(636		)
Net income (loss)	$	58,174	$	29,913	$	(45,139	)	$	42,948
	As of December 31, 2012
	Hotels		Travel Centers		Corporate			Consolidated
Total assets	$	3,384,221	$	2,209,970	$	40,934		$	5,635,125