Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Service Properties Trust | Financial_Report.xls |
| 10-Q - 10-Q - Service Properties Trust | a14-14086_110q.htm |
| EX-12.1 - EX-12.1 - Service Properties Trust | a14-14086_1ex12d1.htm |
| EX-3.1 - EX-3.1 - Service Properties Trust | a14-14086_1ex3d1.htm |
| EX-31.2 - EX-31.2 - Service Properties Trust | a14-14086_1ex31d2.htm |
| EX-10.3 - EX-10.3 - Service Properties Trust | a14-14086_1ex10d3.htm |
| EX-32.1 - EX-32.1 - Service Properties Trust | a14-14086_1ex32d1.htm |
| EX-31.3 - EX-31.3 - Service Properties Trust | a14-14086_1ex31d3.htm |
| EX-10.4 - EX-10.4 - Service Properties Trust | a14-14086_1ex10d4.htm |
| EX-31.1 - EX-31.1 - Service Properties Trust | a14-14086_1ex31d1.htm |
| EX-3.2 - EX-3.2 - Service Properties Trust | a14-14086_1ex3d2.htm |
| EX-31.4 - EX-31.4 - Service Properties Trust | a14-14086_1ex31d4.htm |
EXHIBIT 12.2
HOSPITALITY PROPERTIES TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DISTRIBUTIONS
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)
|
|
|
Six |
|
Year Ended December 31, |
| ||||||||||||||
|
|
|
2014 |
|
2013 |
|
2012 |
|
2011 |
|
2010 |
|
2009 |
| ||||||
|
Pre-tax income from continuing operations before equity in earnings of an investee |
|
$ |
92,378 |
|
$ |
127,750 |
|
$ |
153,219 |
|
$ |
191,803 |
|
$ |
21,990 |
|
$ |
198,671 |
|
|
Fixed charges |
|
70,309 |
|
145,954 |
|
136,111 |
|
134,110 |
|
138,712 |
|
143,410 |
| ||||||
|
Adjusted earnings |
|
$ |
162,687 |
|
$ |
273,704 |
|
$ |
289,330 |
|
$ |
325,913 |
|
$ |
160,702 |
|
$ |
342,081 |
|
|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Interest on indebtedness and amortization of deferred finance costs and debt discounts |
|
$ |
70,309 |
|
$ |
145,954 |
|
$ |
136,111 |
|
$ |
134,110 |
|
$ |
138,712 |
|
$ |
143,410 |
|
|
Preferred distributions |
|
5,166 |
|
26,559 |
|
40,145 |
|
29,880 |
|
29,880 |
|
29,880 |
| ||||||
|
Combined fixed charges and preferred distributions |
|
$ |
75,475 |
|
$ |
172,513 |
|
$ |
176,256 |
|
$ |
163,990 |
|
$ |
168,592 |
|
$ |
173,290 |
|
|
Ratio of earnings to fixed charges and preferred distributions |
|
2.16x |
|
1.59x |
|
1.64x |
|
1.99x |
|
0.95x |
(1) |
1.97x |
| ||||||
(1) The deficiency for this period was approximately $7,890.