DineEquity, Inc. owns, operates and franchises two restaurant concepts in the casual dining and family dining categories of the restaurant industry: Applebee's Neighborhood Grill and Bar and International House of Pancakes (IHOP). As of December 31, 2011, the franchise operations segment consisted of 1,842 restaurants operated by Applebee's franchisees in the United States and 1,535 restaurants operated by IHOP franchisees and area licensees in the United States, two United States territories and three foreign countries. As of December 31, 2011, its restaurant operations segment consisted of 177 Company-operated Applebee's restaurants, 10 Company-operated IHOP restaurants and five IHOP restaurants. Rental operations segment�s revenue includes revenue from operating leases and interest income from direct financing leases. Financing operations segment�s revenue consists of interest income from the financing of franchise fees and equipment leases.