Sotherly Hotels LP
Period Ending Dec 31, 2013 Dec 31, 2012
Total Revenue 89,375 87,343
Cost of Revenue 31,785 31,378
Gross Profit 57,589 55,965
Operating Expenses
Research and Development - -
Sales, General and Admin. 38,044 36,998
Non-Recurring Items - -
Other 8,467 8,662
Operating Income 11,078 10,305
Income From Continuing Operations
Add'l Income/Expense Items (2,798) (2,121)
Earnings Before Interest and Tax 8,733 8,356
Interest Expense 11,647 12,382
Earnings Before Tax (2,914) (4,026)
Income Tax 1,521 1,301
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary 454 172
Net Income Cont. Operations (3,981) (5,156)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (4,435) (5,328)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (4,435) (5,328)