Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues
Related party lease revenue	$ 46,392		$ 152,534
Expenses
Interest expense	(8,200)	$ (8,500)	(23,700)	$ (30,200)
Equity in income from unconsolidated joint ventures	30	218	565	945
Rangers Sub I, LLC
Revenues
Related party lease revenue	46,392	57,811	152,534	172,011
Total revenues	46,392	57,811	152,534	172,011
Expenses
Depreciation and amortization	17,696	19,292	54,284	60,496
Property tax, insurance and other	10,327	13,947	31,416	42,834
General and administrative	278	(564)	961	595
Transaction costs	105	194	215	2,369
Total operating expenses	28,406	32,869	86,876	106,294
Other income	8	1	59	111
Interest income	79	70	239	153
Interest expense	(8,201)	(8,467)	(23,706)	(30,221)
Related party interest expense	(1,138)	0	(3,475)	0
(Loss) gain on sale of hotel properties, net	(91)	24,254	(21,474)	14,930
(Loss) gain on extinguishment of indebtedness, net	0	(1,656)	0	11,280
Income (loss) before equity in income from unconsolidated joint ventures	8,643	39,144	17,301	61,970
Equity in income from unconsolidated joint ventures	30	218	565	945
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	8,673	39,362	17,866	62,915
Net income attributable to noncontrolling interests:
Noncontrolling interest in consolidated joint ventures	(82)	(52)	(78)	(18)
Noncontrolling interest in FelCor LP	(85)	(389)	(164)	(618)
Preferred distributions - consolidated joint venture	0	(374)	(186)	(1,109)
Redemption of preferred equity - consolidated joint venture	0	0	(1,153)	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	8,506	38,547	16,285	61,170
FelCor Lodging LP
Revenues
Related party lease revenue	46,392	57,811	152,534	172,011
Total revenues	46,392	57,811	152,534	172,011
Expenses
Depreciation and amortization	17,696	19,292	54,284	60,496
Property tax, insurance and other	10,327	13,947	31,416	42,834
General and administrative	278	(564)	961	595
Transaction costs	105	194	215	2,369
Total operating expenses	28,406	32,869	86,876	106,294
Other income	8	1	59	111
Interest income	79	70	239	153
Interest expense	(8,201)	(8,467)	(23,706)	(30,221)
Related party interest expense	(1,138)	0	(3,475)	0
(Loss) gain on sale of hotel properties, net	(91)	24,254	(21,474)	14,930
(Loss) gain on extinguishment of indebtedness, net	0	(1,656)	0	11,280
Income (loss) before equity in income from unconsolidated joint ventures	8,643	39,144	17,301	61,970
Equity in income from unconsolidated joint ventures	30	218	565	945
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	8,673	39,362	17,866	62,915
Net income attributable to noncontrolling interests:
Noncontrolling interest in consolidated joint ventures	(82)	(52)	(78)	(18)
Preferred distributions - consolidated joint venture	0	(374)	(186)	(1,109)
Redemption of preferred equity - consolidated joint venture	0	0	(1,153)	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 8,591	$ 38,936	$ 16,449	$ 61,788

Rangers Sub I, LLC 10-Q