Attached files

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EXCEL - IDEA: XBRL DOCUMENT - Service Properties TrustFinancial_Report.xls
EX-21.1 - EX-21.1 - Service Properties Trusthpt-20141231ex211bb968c.htm
EX-31.2 - EX-31.2 - Service Properties Trusthpt-20141231ex312800019.htm
EX-10.1 - EX-10.1 - Service Properties Trusthpt-20141231ex101a94bd4.htm
EX-32.1 - EX-32.1 - Service Properties Trusthpt-20141231ex3216c9b0b.htm
EX-12.1 - EX-12.1 - Service Properties Trusthpt-20141231ex12178739c.htm
EX-8.1 - EX-8.1 - Service Properties Trusthpt-20141231ex81b9bb21c.htm
EX-23.1 - EX-23.1 - Service Properties Trusthpt-20141231ex2316d53ce.htm
EX-31.1 - EX-31.1 - Service Properties Trusthpt-20141231ex311059743.htm
EX-31.3 - EX-31.3 - Service Properties Trusthpt-20141231ex31345cd83.htm
10-K - 10-K - Service Properties Trusthpt-20141231x10k.htm
EX-31.4 - EX-31.4 - Service Properties Trusthpt-20141231ex3146f14fd.htm

EXHIBIT 12.2

Hospitality Properties Trust

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Distributions

(in thousands, except ratio amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2014

 

2013

 

2012

 

2011

 

2010

 

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

    

$

199,036 

    

$

127,750 

    

$

153,219 

    

$

191,803 

    

$

21,990 

 

Fixed Charges

 

 

139,486 

 

 

145,954 

 

 

136,111 

 

 

134,110 

 

 

138,712 

 

Adjusted Earnings

 

$

338,522 

 

$

273,704 

 

$

289,330 

 

$

325,913 

 

$

160,702 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

139,486 

 

$

145,954 

 

$

136,111 

 

$

134,110 

 

$

138,712 

 

Preferred distributions

 

 

20,664 

 

 

26,559 

 

 

40,145 

 

 

29,880 

 

 

29,880 

 

Combined Fixed Charges and preferred distributions

 

$

160,150 

 

$

172,513 

 

$

176,256 

 

$

163,990 

 

$

168,592 

 

Ratio of Earnings to Fixed Charges and Preferred distributions

 

 

2.11x

 

 

1.59x

 

 

1.64x

 

 

1.99x

 

 

0.95x(1)

 

 


(1)

The deficiency for this year was approximately $7,890.