Attached files
file | filename |
---|---|
EX-10.1 - EX-10.1 - Service Properties Trust | hpt-20150930ex1012130e4.htm |
EX-31.1 - EX-31.1 - Service Properties Trust | hpt-20150930ex31151f688.htm |
EX-31.2 - EX-31.2 - Service Properties Trust | hpt-20150930ex3126fcbb2.htm |
EX-10.5 - EX-10.5 - Service Properties Trust | hpt-20150930ex1058bedf5.htm |
EX-31.4 - EX-31.4 - Service Properties Trust | hpt-20150930ex31465404e.htm |
EX-10.3 - EX-10.3 - Service Properties Trust | hpt-20150930ex103ebefe3.htm |
EX-12.1 - EX-12.1 - Service Properties Trust | hpt-20150930ex1219134cb.htm |
EX-10.9 - EX-10.9 - Service Properties Trust | hpt-20150930ex109be81c9.htm |
EX-32.1 - EX-32.1 - Service Properties Trust | hpt-20150930ex321fa13a2.htm |
EX-31.3 - EX-31.3 - Service Properties Trust | hpt-20150930ex31342afe5.htm |
EX-10.4 - EX-10.4 - Service Properties Trust | hpt-20150930ex1042086fe.htm |
10-Q - 10-Q - Service Properties Trust | hpt-20150930x10q.htm |
EX-10.2 - EX-10.2 - Service Properties Trust | hpt-20150930ex1028ab0b9.htm |
Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges and Preferred Distributions
(in thousands, except ratio amounts)
|
|
Nine Months |
|
Year Ended December 31, |
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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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2010 |
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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 |
|
$ |
187,286 |
|
$ |
199,036 |
|
$ |
127,750 |
|
$ |
153,219 |
|
$ |
191,803 |
|
$ |
21,990 |
|
Fixed Charges |
|
107,918 |
|
139,486 |
|
145,954 |
|
136,111 |
|
134,110 |
|
138,712 |
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Adjusted Earnings |
|
$ |
295,204 |
|
$ |
338,522 |
|
$ |
273,704 |
|
$ |
289,330 |
|
$ |
325,913 |
|
$ |
160,702 |
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Fixed Charges: |
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Interest on indebtedness and amortization of deferred finance costs and debt discounts |
|
$ |
107,918 |
|
$ |
139,486 |
|
$ |
145,954 |
|
$ |
136,111 |
|
$ |
134,110 |
|
$ |
138,712 |
|
Preferred distributions |
|
15,498 |
|
20,664 |
|
26,559 |
|
40,145 |
|
29,880 |
|
29,880 |
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Combined Fixed Charges and Preferred distributions |
|
$ |
123,416 |
|
$ |
160,150 |
|
$ |
172,513 |
|
$ |
176,256 |
|
$ |
163,990 |
|
$ |
168,592 |
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Ratio of Earnings to Fixed Charges and Preferred distributions |
|
2.39x |
|
2.11x |
|
1.59x |
|
1.64x |
|
1.99x |
|
0.95x |
(1) |
(1) |
The deficiency for this period was approximately $7,890. |