Capital Expenditures and LiquidityDuring the year ended December 31, 2011, TA made capital expenditures of $50.2 million to acquire and improve eight travel centers. During 2011, TA also completed improvements to its existing sites totaling $105.9 million, including $69.1 million of improvements at sites leased from HPT which were sold to HPT and resulted in increased rent due to HPT under the lease terms.
TravelCenters Of America LLC Announces Fourth Quarter And Year End 2011 Results
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