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Discontinued Operations (Tables)
 9 Months Ended
Sep. 07, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Significant components of assets held for sale and liabilities of assets held for sale
The significant components of assets held for sale and liabilities of assets held for sale at September 7, 2012 (unaudited) and December 31, 2011 consist of the following (in thousands):
 
September 7, 2012
 
December 31, 2011
Property and equipment
$
53,083

 
$
311,819

Less: accumulated depreciation
(14,326
)
 
(61,994
)
 
38,757

 
249,825

Restricted cash
695

 
6,607

Due from hotel managers
2,030

 
6,661

Prepaid and other assets
337

 
48

Deferred financing costs, net
—

 
258

      Total assets held for sale
$
41,819

 
$
263,399

 
 
 
 
Mortgage debt of assets held for sale
$
—

 
$
180,000

Due to hotel managers
1,434

 
3,101

Accounts payable and accrued liabilities
301

 
704

      Total liabilities of assets held for sale
$
1,735

 
$
183,805
Summary of results of income (loss) from discontinued operations
The following table summarizes the components of discontinued operations in the condensed consolidated statements of operations for the periods presented (unaudited; in thousands, except per share data):
 
Fiscal Quarter Ended
 
Period from
 
September 7, 2012
 
September 9, 2011
 
January 1, 2012 to September 7, 2012
 
January 1, 2011 to September 9, 2011
Hotel revenues
$
4,129

 
$
22,160

 
$
31,329

 
$
66,733

Hotel operating expenses
(2,890
)
 
(17,299
)
 
(23,254
)
 
(51,155
)
Operating income
1,239

 
4,861

 
8,075

 
15,578

Depreciation and amortization
(449
)
 
(3,224
)
 
(1,346
)
 
(9,665
)
Interest income
—

 
—

 
1

 
11

Interest expense
—

 
(2,325
)
 
(2,297
)
 
(6,974
)
Impairment charge
(14,690
)
 
—

 
(14,690
)
 
—

(Loss) gain on sale of hotel portfolio
(336
)
 
—

 
9,541

 
—

Income tax benefit (expense)
147

 
441

 
(189
)
 
851

Loss from discontinued operations
$
(14,089
)
 
$
(247
)
 
$
(905
)
 
$
(199
)
Basic and diluted loss from discontinued operations per share
$
(0.08
)
 
$
(0.00
)
 
$
(0.00
)
 
$
(0.00
)