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Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2009
Revenues: |  |  |
Rooms | $ 441,514 | $ 358,441 | $ 322,568
Food and beverage | 165,114 | 153,722 | 142,367
Other | 31,602 | 27,160 | 28,707
Total revenues | 638,230 | 539,323 | 493,642
Operating Expenses: |  |  |
Rooms | 118,701 | 95,975 | 86,904
Food and beverage | 117,205 | 108,895 | 104,210
Management fees | 22,031 | 19,055 | 16,805
Other hotel expenses | 228,559 | 195,336 | 183,880
Depreciation and amortization | 87,259 | 76,464 | 71,017
Impairment of favorable lease asset | 0 | 0 | 2,542
Hotel acquisition costs | 2,521 | 1,436 | 0
Corporate expenses | 21,247 | 16,384 | 18,317
Total operating expenses | 597,523 | 513,545 | 483,675
Operating profit | 40,707 | 25,778 | 9,967
Other Expenses (Income): |  |  |
Interest income | (614) | (783) | (342)
Interest expense | 45,406 | 35,425 | 40,400
Total other expenses | 44,792 | 34,642 | 40,058
Income (loss) before income taxes | (4,085) | (8,864) | (30,091)
Income tax (expense) benefit | (3,655) | (1,995) | 20,426
Net loss from continuing operations | (7,740) | (10,859) | (9,665)
Income (loss) from discontinued operations | 62 | 1,687 | (1,425)
Net income (loss) | $ (7,678) | $ (9,172) | $ (11,090)
Loss per share: |  |  |
Continuing operations | $ (0.05) | $ (0.07) | $ (0.09)
Discontinued operations (in dollars per share) | $ 0.00 | $ 0.01 | $ (0.01)
Basic and diluted loss per share (in dollars per share) | $ (0.05) | $ (0.06) | $ (0.10)
Weighted-average number of common shares outstanding: |  |  |
Basic (in shares) | 166,667,459 | 144,463,587 | 107,404,074
Diluted (in shares) | 166,667,459 | 144,463,587 | 107,404,074

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- Definition Other costs incurred and are directly related to hotel operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(d)) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
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