Attached files
file | filename |
---|---|
EX-31.4 - EX-31.4 - Service Properties Trust | hpt-20160630ex314dd01f3.htm |
10-Q - 10-Q - Service Properties Trust | hpt-20160630x10q.htm |
EX-32.1 - EX-32.1 - Service Properties Trust | hpt-20160630ex321138359.htm |
EX-31.3 - EX-31.3 - Service Properties Trust | hpt-20160630ex313a24ea7.htm |
EX-31.2 - EX-31.2 - Service Properties Trust | hpt-20160630ex312c23bcf.htm |
EX-31.1 - EX-31.1 - Service Properties Trust | hpt-20160630ex31192b814.htm |
EX-12.1 - EX-12.1 - Service Properties Trust | hpt-20160630ex121843802.htm |
Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges and Preferred Distributions
(in thousands, except ratio amounts)
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|
Six Months |
|
Year Ended December 31, |
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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2011 |
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Income from continuing operations (including gains on sales of properties, if any) before income tax expense and equity in earnings (losses) of an investee |
|
$ |
110,553 |
|
$ |
167,963 |
|
$ |
199,036 |
|
$ |
127,750 |
|
$ |
153,219 |
|
$ |
191,803 |
|
Fixed Charges |
|
83,284 |
|
144,898 |
|
139,486 |
|
145,954 |
|
136,111 |
|
134,110 |
|
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Adjusted Earnings |
|
$ |
193,837 |
|
$ |
312,861 |
|
$ |
338,522 |
|
$ |
273,704 |
|
$ |
289,330 |
|
$ |
325,913 |
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Fixed Charges: |
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Interest on indebtedness and amortization of debt issuance costs and debt discounts |
|
$ |
83,284 |
|
$ |
144,898 |
|
$ |
139,486 |
|
$ |
145,954 |
|
$ |
136,111 |
|
$ |
134,110 |
|
Preferred distributions |
|
10,332 |
|
20,664 |
|
20,664 |
|
26,559 |
|
40,145 |
|
29,880 |
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Combined Fixed Charges and Preferred distributions |
|
$ |
93,616 |
|
$ |
165,562 |
|
$ |
160,150 |
|
$ |
172,513 |
|
$ |
176,256 |
|
$ |
163,990 |
|
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Ratio of Earnings to Fixed Charges and Preferred distributions |
|
2.07x |
|
1.89x |
|
2.11x |
|
1.59x |
|
1.64x |
|
1.99x |
|