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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Summary of results of income (loss) from discontinued operations
The following is a summary of the results of income from discontinued operations for the years ended December 31, 2013, 2012 and 2011 (in thousands, except per-share data):
 
Years Ended December 31,
 
2013
 
2012
 
2011
Hotel revenues
$
21,336

 
$
55,654

 
$
119,564

Hotel operating expenses
(15,977
)
 
(41,424
)
 
(90,577
)
Operating income
5,359

 
14,230

 
28,987

Depreciation and amortization
(1,759
)
 
(4,495
)
 
(17,037
)
Interest income
1

 
3

 
13

Interest expense

 
(2,297
)
 
(10,101
)
Impairment charge

 
(14,690
)
 

Gain on sale of hotel properties, net
22,733

 
9,479

 

Income tax expense
(1,097
)
 
(747
)
 
(102
)
Income from discontinued operations
$
25,237

 
$
1,483

 
$
1,760

Basic and diluted income from discontinued operations per share
$
0.13

 
$
0.01

 
$
0.01