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FelCor Lodging Trust (FelCor Lodging Trust) Intangible Assets : $0.0 Mil (As of Jun. 2017)


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What is FelCor Lodging Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. FelCor Lodging Trust's intangible assets for the quarter that ended in Jun. 2017 was $0.0 Mil.


FelCor Lodging Trust Intangible Assets Historical Data

The historical data trend for FelCor Lodging Trust's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FelCor Lodging Trust Intangible Assets Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Intangible Assets
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FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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FelCor Lodging Trust Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


FelCor Lodging Trust  (NYSE:FCH) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


FelCor Lodging Trust Intangible Assets Related Terms

Thank you for viewing the detailed overview of FelCor Lodging Trust's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director, officer: CEO 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Thomas C Hendrick officer: EVP, Chief Investment Officer 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Troy A Pentecost officer: President, COO 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Lutz Robert H Jr director
Corcoran Thomas J Jr director, officer: Chairman 545 E JOHN CARPENTER, STE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Ledsinger Charles A Jr director 545 E JOHN CARPENTER FRWY #1300, IRVING TX 75062
Jonathan H Yellen officer: EVP, GC & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219

FelCor Lodging Trust (FelCor Lodging Trust) Headlines

From GuruFocus

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 82,899 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 8,505 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 9,631 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 6,279 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

Weekly CFO Buys Highlight: FCH, ZOOM, BNVI, SNBC

By gurujk gurujk 04-04-2011

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 27,486 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 29,046 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 13,042 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

Weekly CFO Buys Highlight: FCH, TSTF, ZOOM, CONN

By jameskuang jameskuang 04-11-2011