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Discontinued Operations
 12 Months Ended
Dec. 31, 2012
Discontinued Operations
NOTE 20 - DISCONTINUED OPERATIONS

We have adjusted our consolidated statement of operations for 2012, 2011 and 2010 to reflect the operations of hotel properties sold or classified as held for sale in discontinued operations. These hotel properties include the Hampton Inn, Holiday Inn Express, and AmericInn in Twin Falls, ID which were sold in May 2012; the AmericInn in Missoula, MT which was sold in August 2012; the Courtyard by Marriott in Missoula, MT which was sold in December 2012; and the AmericInn & Suites in Golden, CO which was classified as held for sale at December 31, 2012 and subsequently sold on January 15, 2013. There were no hotel properties sold or classified as held for sale in 2011 or 2010.

Condensed results for the hotel properties included in discontinued operations follows (in thousands):
 
             
   
Summit Hotel Properties, Inc.
and Summit Hotel OP, LP
    
Summit Hotel Properties, LLC (Predecessor)
  
   
2012
    
Period 2/14/11 through 12/31/11
    
Period 1/1/11 through 2/13/11
    
2010
  
                         
REVENUE
   $ 5,351     $ 8,132     $ 752     $ 9,781  
                                 
  Hotel operating expenses
     3,962       5,485       728       6,517  
  Depreciation and amortization
     608       1,267       181       1,665  
  Loss on impairment of assets
     2,305       -       -       -  
  (Gain) loss on disposal of assets
     (3,009 )     -       -       -  
  Interest expense
     179       589       249       1,460  
                                 
TOTAL EXPENSES
     4,045       7,341       1,158       9,642  
                                 
INCOME (LOSS) BEFORE TAXES
     1,306       791       (406 )     139  
                                 
INCOME TAX (EXPENSE) BENEFIT
     51       138       (17 )     (14 )
                                 
INCOME (LOSS) FROM DISCONTINUED OPERATIONS
   $ 1,357     $ 929     $ (423 )   $ 125  
                                 
INCOME (LOSS) FROM DISCONTINUED OPERATIONS
                                
    ATTRIBUTABLE TO NONCONTROLLING INTEREST
   $ 235     $ 251     $ (114 )   $ 34  
                                 
INCOME (LOSS) FROM DISCONTINUED OPERATIONS
                                
    ATTRIBUTABLE TO COMMON SHAREHOLDERS/
                                
    MEMBERS
   $ 1,122     $ 678     $ (309 )   $ 91