|
|
|
|
Three Months Ended
June 30, 2011 |
|
Three Months Ended
June 30, 2010 |
|
Six Months Ended
June 30, 2011 |
|
Six Months Ended
June 30, 2010 |
|
|
|
|
(unaudited) |
|
(unaudited) |
|
(unaudited) |
|
(unaudited) |
|
|
Operating revenues |
|
$ |
4,076 |
|
$ |
23,639 |
|
$ |
14,474 |
|
$ |
48,428 |
|
|
Operating expenses |
|
(3,543 |
) |
(19,438 |
) |
(10,771 |
) |
(40,338 |
) |
|
Interest expense |
|
(160 |
) |
(5,150 |
) |
(320 |
) |
(10,999 |
) |
|
Depreciation and amortization expense |
|
(258 |
) |
(1,834 |
) |
(1,951 |
) |
(3,962 |
) |
|
Impairment loss |
|
(1,495 |
) |
— |
|
(1,495 |
) |
— |
|
|
Gain on extinguishment of debt |
|
18,145 |
|
6,747 |
|
18,145 |
|
6,747 |
|
|
Gain on sale of hotels |
|
14,018 |
|
— |
|
14,018 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from discontinued operations |
|
$ |
30,783 |
|
$ |
3,964 |
|
$ |
32,100 |
|
$ |
(124 |
) | |