Attached files

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10-Q - 10-Q - Service Properties Trusthpt-20150331x10q.htm
EX-31.2 - EX-31.2 - Service Properties Trusthpt-20150331ex312f74bbf.htm
EX-32.1 - EX-32.1 - Service Properties Trusthpt-20150331ex321bc39a0.htm
EX-10.1 - EX-10.1 - Service Properties Trusthpt-20150331ex101ba09cf.htm
EX-31.3 - EX-31.3 - Service Properties Trusthpt-20150331ex3134cb4f5.htm
EX-12.2 - EX-12.2 - Service Properties Trusthpt-20150331ex122a71df5.htm
EX-31.1 - EX-31.1 - Service Properties Trusthpt-20150331ex311cb2ce2.htm
EX-31.4 - EX-31.4 - Service Properties Trusthpt-20150331ex314f7e3f2.htm
EXCEL - IDEA: XBRL DOCUMENT - Service Properties TrustFinancial_Report.xls

Exhibit 12.1

 

Hospitality Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratio amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months
Ended 
March 31,

 

Year Ended December 31,

 

 

    

2015

    

2014

    

2013

    

2012

    

2011

    

2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income from continuing operations before equity in earnings of an investee

 

$

41,800 

 

$

199,036 

 

$

127,750 

 

$

153,219 

 

$

191,803 

 

$

21,990 

 

Fixed Charges

 

35,454 

 

139,486 

 

145,954 

 

136,111 

 

134,110 

 

138,712 

 

Adjusted Earnings

 

$

77,254 

 

$

338,522 

 

$

273,704 

 

$

289,330 

 

$

325,913 

 

$

160,702 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs and debt discounts

 

$

35,454 

 

$

139,486 

 

$

145,954 

 

$

136,111 

 

$

134,110 

 

$

138,712 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

2.18x

 

2.43x

 

1.88x

 

2.13x

 

2.43x

 

1.16x