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Earnings (Loss) Per Share/Unit (Tables) | 12 Months Ended
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Dec. 31, 2012
Components Used to Calculate Basic and Diluted Earnings Per Share | Below is a summary of the components used to calculate basic and diluted earnings per share (in thousands, except per share):
|  | 2012 |  |  | 2011 |
Numerator: |  |  |  |  |  |
Income (loss) from continuing operations |  | $ | (3,627 | ) |  | $ | (5,106 | )
Less: Preferred dividends |  |  | 4,625 |  |  |  | 411 |
Allocation to participating securities |  |  | 37 |  |  |  | - |
Attributable to noncontrolling interest |  |  | (1,429 | ) |  |  | (1,491 | )
Income (loss) attributable to common shareholders |  |  |  |  |  |  |  |
from continuing operations |  |  | (6,860 | ) |  |  | (4,026 | )
Income (loss) attributable to common shareholders |  |  |  |  |  |  |  |
from discontinued operations |  |  | 1,122 |  |  |  | 678 |
Net income (loss) attributable to common shareholders |  | $ | (5,738 | ) |  | $ | (3,348 | )
Denominator: |  |  |  |  |  |  |  |
Weighted average common shares outstanding - basic |  |  | 33,717 |  |  |  | 27,278 |
Dilutive effect of equity-based compensation awards |  |  | 132 |  |  |  | - |
Weighted average common shares outstanding - diluted |  |  | 33,849 |  |  |  | 27,278 |
Earnings per common share - basic and diluted: |  |  |  |  |  |  |  |
Net income (loss) attributable to common shareholders |  |  |  |  |  |  |  |
from continuing operations |  | $ | (0.20 | ) |  | $ | (0.15 | )
Net income (loss) attributable to common shareholders |  |  |  |  |  |  |  |
from discontinued operations |  |  | 0.03 |  |  |  | 0.03 |
Net income (loss) attributable to common shareholders |  | $ | (0.17 | ) |  | $ | (0.12 | )
Summit Hotel OP, LP Below is a summary of the components used to calculate basic and diluted earnings per unit (in thousands, except per unit):
|  | 2012 |  |  | 2011 |
Numerator: |  |  |  |  |  |
Income (loss) from continuing operations |  | $ | (3,627 | ) |  | $ | (5,106 | )
Less preferred dividends |  |  | 4,625 |  |  |  | 411 |
Income (loss) attributable to common unitholders |  |  |  |  |  |  |  |
from continuing operations |  |  | (8,252 | ) |  |  | (5,517 | )
Income (loss) attributable to common unitholders |  |  |  |  |  |  |  |
from discontinued operations |  |  | 1,357 |  |  |  | 929 |
Net income (loss) attributable to common unitholders |  | $ | (6,895 | ) |  | $ | (4,588 | )
Denominator: |  |  |  |  |  |  |  |
Weighted average common units outstanding - basic |  |  | 40,780 |  |  |  | 37,378 |
Dilutive effect of equity-based compensation awards |  |  | 132 |  |  |  | - |
Weighted average common units outstanding - diluted |  |  | 40,912 |  |  |  | 37,378 |
Earnings per common unit - basic and diluted: |  |  |  |  |  |  |  |
Net income (loss) attributable to common unitholders |  |  |  |  |  |  |  |
from continuing operations |  | $ | (0.20 | ) |  | $ | (0.15 | )
Net income (loss) attributable to common unitholders |  |  |  |  |  |  |  |
from discontinued operations |  |  | 0.03 |  |  |  | 0.03 |
Net income (loss) attributable to common unitholders |  | $ | (0.17 | ) |  | $ | (0.12 | )

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- Definition Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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