Attached files

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10-K - 10-K - Pebblebrook Hotel Trustw81663e10vk.htm
EX-32.1 - EX-32.1 - Pebblebrook Hotel Trustw81663exv32w1.htm
EX-31.1 - EX-31.1 - Pebblebrook Hotel Trustw81663exv31w1.htm
EX-31.2 - EX-31.2 - Pebblebrook Hotel Trustw81663exv31w2.htm
EX-32.2 - EX-32.2 - Pebblebrook Hotel Trustw81663exv32w2.htm
EX-23.1 - EX-23.1 - Pebblebrook Hotel Trustw81663exv23w1.htm
EX-21.1 - EX-21.1 - Pebblebrook Hotel Trustw81663exv21w1.htm
EX-10.26 - EX-10.26 - Pebblebrook Hotel Trustw81663exv10w26.htm
EX-10.28 - EX-10.28 - Pebblebrook Hotel Trustw81663exv10w28.htm
EX-10.27 - EX-10.27 - Pebblebrook Hotel Trustw81663exv10w27.htm
EXHIBIT 12.1
PEBBLEBROOK HOTEL TRUST
RATIO OF EARNINGS TO FIXED CHARGES
                 
            For the period
            October 2,
            2009
    Year Ended   (inception) through
    December 31, 2010   December 31, 2009
    (In thousands)
Earnings
               
Add:
               
Pre-tax loss from continuing operating before adjusment for income or loss from equity investees
  $ (6,722 )   $ (147 )
Fixed charges
    1,688        
Amortization of capitalized interest
           
Distributed income of equity investees
           
Company share of pre-tax losses of equity investees for which charges arising from guarantees are included in fixed charges
           
     
Total added Items:
    (5,034 )     (147 )
Subtract:
               
Interest capitalized
           
Preference security dividend requirements of consolidated subsidiaries
           
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges
           
     
Total Earnings
  $ (5,034 )   $ (147 )
     
 
               
Fixed Charges
               
Add:
               
Interest expensed
  $ 1,225     $  
Interest capitalized
           
Amortized premiums, discounts and capitalized expenses related to indebtedness
    415        
Estimate of the interest within rental expense
    48        
Preference security dividend requirements of consolidated subsidiaries
           
     
Total Fixed Charges
  $ 1,688     $  
     
Ratio of Earnings to Fixed Charges