LaSalle Hotel Properties (LHO)

17. Comprehensive Income

For the years ended December 31, 2007, 2006 and 2005, comprehensive income was $89,755, $97,707 and $35,784, respectively. As of December 31, 2007 and 2006, the Company’s accumulated other comprehensive income was zero. The changes in accumulated other comprehensive income were entirely due to the Company’s gains and losses on its interest rate derivative (Note 12). For the year ended December 31, 2006, the Company had an unrealized loss of $300 and a realized gain of $1,053 on its interest rate derivative. For the year ended December 31, 2005, the Company had an unrealized gain of $388 on its interest rate derivative.

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17. Comprehensive Income

FACE="Times New Roman" SIZE="2">For the years ended December 31, 2007, 2006 and 2005, comprehensive income was $89,755, $97,707 and $35,784, respectively. As of December 31, 2007 and 2006, the Company’s accumulated other comprehensive
income was zero. The changes in accumulated other comprehensive income were entirely due to the Company’s gains and losses on its interest rate derivative (Note 12). For the year ended December 31, 2006, the Company had an unrealized loss
of $300 and a realized gain of $1,053 on its interest rate derivative. For the year ended December 31, 2005, the Company had an unrealized gain of $388 on its interest rate derivative.

17. Comprehensive Income

For the year ended December 31, 2006, comprehensive income was $97,707. As of December 31, 2006 and 2005, the Company’s accumulated other comprehensive income was zero and $1,353, respectively. The change in accumulated other comprehensive income was entirely due to the Company’s unrealized gains on its interest rate derivative. For the years ended December 31, 2006 and 2005, the Company reclassified $1,353 and $444, respectively, of accumulated other comprehensive income to earnings as a reduction of interest expense.

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13. Comprehensive Income

For the nine months ended September 30, 2006, comprehensive income was $85,965. As of September 30, 2006 and December 31, 2005, the Company’s accumulated other comprehensive income was zero and $1,353, respectively. The change in accumulated other comprehensive income was entirely due to the Company’s interest rate derivative. For the nine months ended September 30, 2006, the Company reclassified $1,053 of accumulated other comprehensive income to earnings upon termination of the interest rate swap, which is included in other income in the accompanying consolidated statement of operations. For the nine months ended September 30, 2005, the Company reclassified $218 of accumulated other comprehensive income to earnings as interest expense.

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13. Comprehensive Income

For the six months ended June 30, 2006, comprehensive income was $62,251. As of June 30, 2006 and December 31, 2005, the Company’s accumulated other comprehensive income was zero and $1,353, respectively. The change in accumulated other comprehensive income was entirely due to the Company’s interest rate derivative. For the six months ended June 30, 2006, the Company reclassified $1,053 of accumulated other comprehensive income to earnings upon termination of the interest rate swap, which is included in other income in the accompanying consolidated statement of operations. For the six months ended June 30, 2005, the Company reclassified $77 of accumulated other comprehensive income to earnings as interest expense.

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13. Comprehensive Income

For the three months ended March 31, 2006, comprehensive income was $33,154. As of March 31, 2006 and December 31, 2005, the Company’s accumulated other comprehensive income was $1,247 and $1,353, respectively. The change in accumulated other comprehensive income was entirely due to the Company’s unrealized gains on its interest rate derivative. The interest rate derivative expires on February 9, 2007. For the three months ended March 31, 2006, the Company reclassified $286 of accumulated other comprehensive income to earnings as a reduction of interest expense. For the three months ended March 31, 2005, the Company reclassified $5 of accumulated other comprehensive income to earnings as interest expense. Within the next twelve months the Company expects to reclassify $1,247 of the amount held in accumulated other comprehensive income to earnings as an offset to interest expense.

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17. Comprehensive Income

For the year ended December 31, 2005, comprehensive income was $21,155. As of December 31, 2005 and 2004, the Company’s accumulated other comprehensive gain was $1,353 and $965, respectively. The change in accumulated other comprehensive gain was entirely due to the Company’s unrealized gains on its interest rate derivative. The interest rate derivative expires on February 9, 2007. For the year ended December 31, 2005, the Company reclassified $444 of accumulated other comprehensive income to earnings as a reduction of interest expense. For the year ended December 31, 2004, the Company reclassified $504 of accumulated other comprehensive income to earnings as interest expense.

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14. Comprehensive Income

For the nine months ended September 30, 2005, the change in accumulated other comprehensive income was $460. As of September 30, 2005 and December 31, 2004, the Company’s accumulated other comprehensive income was $1,425 and $965, respectively. The change in accumulated other comprehensive income was entirely due to the Company’s unrealized gains on its interest rate derivative. For the three and nine months ended September 30, 2005, the Company reclassified $141 and $218 of accumulated other comprehensive income to earnings as an offset to interest expense. Within the next twelve months the Company expects to reclassify $1,023 of the amount held in accumulated other comprehensive income to earnings as an offset to interest expense.

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14. Comprehensive Income

For the three months ended March 31, 2005, comprehensive income was $559. As of March 31, 2005 and December 31, 2004 the Company’s accumulated other comprehensive income was $1,524 and $965, respectively. The change in accumulated other comprehensive income was entirely due to the Company’s unrealized gains on its interest rate derivative. For the three months ended March 31, 2005, the Company reclassified $5 of accumulated other comprehensive income to earnings as an offset to interest expense. Within the next twelve months the Company expects to reclassify $646 of the amount held in accumulated other comprehensive income to earnings as an offset to interest expense.

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17. Comprehensive Income

For the year ended December 31, 2004, comprehensive income was $10,691. As of December 31, 2004 and 2003 the Company’s accumulated other comprehensive gain was $965 and zero, respectively. The change in accumulated other comprehensive gain was entirely due to the Company’s unrealized gains on its interest rate derivative. The interest rate derivative expires on February 27, 2007. For the years ended December 31, 2004 and 2003, the Company reclassified $504 and $1,105 of accumulated other comprehensive loss to earnings as interest expense.