Attached files

file filename
EX-31.4 - EX-31.4 - Service Properties Trusthpt-20160630ex314dd01f3.htm
10-Q - 10-Q - Service Properties Trusthpt-20160630x10q.htm
EX-32.1 - EX-32.1 - Service Properties Trusthpt-20160630ex321138359.htm
EX-31.3 - EX-31.3 - Service Properties Trusthpt-20160630ex313a24ea7.htm
EX-31.2 - EX-31.2 - Service Properties Trusthpt-20160630ex312c23bcf.htm
EX-31.1 - EX-31.1 - Service Properties Trusthpt-20160630ex31192b814.htm
EX-12.1 - EX-12.1 - Service Properties Trusthpt-20160630ex121843802.htm

   Exhibit 12.2

 

Hospitality Properties Trust

Computation of Ratio of Earnings to Fixed Charges and Preferred Distributions

(in thousands, except ratio amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months
Ended 
June 30,

 

Year Ended December 31,

 

 

    

2016

    

2015

    

2014

    

2013

    

2012

    

2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 

 

Adjusted Earnings

 

$

193,837 

 

$

312,861 

 

$

338,522 

 

$

273,704 

 

$

289,330 

 

$

325,913 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

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 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Combined Fixed Charges and Preferred distributions

 

$

93,616 

 

$

165,562 

 

$

160,150 

 

$

172,513 

 

$

176,256 

 

$

163,990 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges and Preferred distributions

 

2.07x

 

1.89x

 

2.11x

 

1.59x

 

1.64x

 

1.99x