Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - DiamondRock Hospitality Co | drh_exhibit321x12312016.htm |
| EX-31.2 - EXHIBIT 31.2 - DiamondRock Hospitality Co | drh_exhibit312x12312016.htm |
| EX-31.1 - EXHIBIT 31.1 - DiamondRock Hospitality Co | drh_exhibit311x12312016.htm |
| EX-23.1 - EXHIBIT 23.1 - DiamondRock Hospitality Co | drh_exhibit231x12312016.htm |
| EX-21.1 - EXHIBIT 21.1 - DiamondRock Hospitality Co | drh_exhibit211x12312016.htm |
| 10-K - 10-K - DiamondRock Hospitality Co | drh_10kx12312016.htm |
EXHIBIT 12.1
DiamondRock Hospitality Company
Computation of Ratios of Earnings to Fixed Charges and Preferred Stock Dividends
(in thousands, except ratio amounts)
Year Ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Income (Loss) from Continuing Operations Before Income Taxes | $ | 127,195 | $ | 85,630 | $ | 169,013 | $ | 22,715 | $ | (24,868 | ) | ||||||||
Fixed Charges | 44,493 | 56,096 | 62,715 | 62,850 | 61,292 | ||||||||||||||
Amortization of Capitalized Interest | 42 | 55 | 70 | 70 | 70 | ||||||||||||||
Capitalized Interest | — | — | (914 | ) | (1,516 | ) | (1,164 | ) | |||||||||||
Earnings | $ | 171,730 | $ | 141,781 | $ | 230,884 | $ | 84,119 | $ | 35,330 | |||||||||
Fixed Charges: | |||||||||||||||||||
Interest Expense and Amortization of Deferred Financing Costs | $ | 41,735 | $ | 52,684 | $ | 58,278 | $ | 57,279 | $ | 56,068 | |||||||||
Portion of Rent Related to Interest | 2,758 | 3,412 | 3,523 | 4,055 | 4,060 | ||||||||||||||
Capitalized Interest | — | — | 914 | 1,516 | 1,164 | ||||||||||||||
Fixed Charges | 44,493 | 56,096 | 62,715 | 62,850 | 61,292 | ||||||||||||||
Preferred Stock Dividends | — | — | — | — | — | ||||||||||||||
Combined Fixed Charges and Preferred Stock Dividends | $ | 44,493 | $ | 56,096 | $ | 62,715 | $ | 62,850 | $ | 61,292 | |||||||||
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends | 3.86 | 2.53 | 3.68 | 1.34 | |||||||||||||||
Deficiency of Earnings to Fixed Charges and Preferred Stock Dividends | $ | — | $ | — | $ | — | $ | — | $ | (25,962 | ) | ||||||||