Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

	For the Year Ended December 31, 2012

	Hotels		Travel Centers		Corporate			Consolidated
Hotel operating revenues	$	980,732	$	—	$	—		$	980,732
Rental income		87,456		208,560		—			296,016
Percentage rent		2,873		1,465		—			4,338
FF&E reserve income		15,896		—		—			15,896

Total revenues		1,086,957		210,025		—			1,296,982
Hotel operating expenses		700,939		—		—			700,939
Depreciation and amortization expense		173,308		87,523		—			260,831
General and administrative expense		—		—		44,032			44,032
Acquisition related costs		4,173		—		—			4,173
Loss on asset impairment		8,547		—		—			8,547

Total expenses		886,967		87,523		44,032			1,018,522
Operating income (loss)		199,990		122,502		(44,032	)		278,460
Interest income		—		—		268			268
Interest expense		—		—		(136,111	)		(136,111	)
Gain on sale of real estate		10,602		—		—			10,602
Equity in earnings of an investee		—		—		316			316

Income (loss) before income taxes		210,592		122,502		(179,559	)		153,535
Income tax expense		—		—		(1,612	)		(1,612	)

Net income (loss)	$	210,592	$	122,502	$	(181,171	)	$	151,923

	As of December 31, 2012

	Hotels		Travel Centers		Corporate		Consolidated
Total assets	$	3,384,221	$	2,209,970	$	40,934	$	5,635,125

	For the Year Ended December 31, 2011

	Hotels		Travel Centers		Corporate			Consolidated
Hotel operating revenues	$	889,120	$	—	$	—		$	889,120
Rental income		101,198		201,505		—			302,703
Percentage rent		1,879		—		—			1,879
FF&E reserve income		16,631		—		—			16,631

Total revenues		1,008,828		201,505		—			1,210,333
Hotel operating expenses		596,616		—		—			596,616
Depreciation and amortization expense		146,567		81,775		—			228,342
General and administrative expense		—		—		40,963			40,963
Acquisition related costs		2,185		—		—			2,185
Loss on asset impairment		16,384		—		—			16,384

Total expenses		761,752		81,775		40,963			884,490
Operating income (loss)		247,076		119,730		(40,963	)		325,843
Interest income		—		—		70			70
Interest expense		—		—		(134,110	)		(134,110	)
Equity in earnings of an investee		—		—		139			139

Income (loss) before income taxes		247,076		119,730		(174,864	)		191,942
Income tax expense		—		—		(1,502	)		(1,502	)

Net income (loss)	$	247,076	$	119,730	$	(176,366	)	$	190,440

	As of December 31, 2011

	Hotels		Travel Centers		Corporate		Consolidated
Total assets	$	2,905,065	$	2,202,199	$	26,309	$	5,133,573

	For the Year Ended December 31, 2010

	Hotels		Travel Centers		Corporate			Consolidated
Hotel operating revenues	$	736,363	$	—	$	—		$	736,363
Rental income		135,077		190,244		—			325,321
Percentage rent		1,450		—		—			1,450
FF&E reserve income		22,354		—		—			22,354

Total revenues		895,244		190,244		—			1,085,488
Hotel operating expenses		477,595		—		—			477,595
Depreciation and amortization expense		157,497		80,592		—			238,089
General and administrative expense		—		—		38,961			38,961
Loss on asset impairment		163,681		—		—			163,681

Total expenses		798,773		80,592		38,961			918,326
Operating income (loss)		96,471		109,652		(38,961	)		167,162
Interest income		—		—		260			260
Interest expense		—		—		(138,712	)		(138,712	)
Loss on extinguishment of debt		—		—		(6,720	)		(6,720	)
Equity in losses of an investee		—		—		(1	)		(1	)

Income (loss) before income taxes		96,471		109,652		(184,134	)		21,989
Income tax expense		—		—		(638	)		(638	)

Net income (loss)	$	96,471	$	109,652	$	(184,772	)	$	21,351

	As of December 31, 2010

	Hotels		Travel Centers		Corporate		Consolidated
Total assets	$	2,967,467	$	2,205,379	$	19,440	$	5,192,286

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details