Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - BRE Select Hotels Corp | d57936d10k.htm |
| EX-31.1 - EX-31.1 - BRE Select Hotels Corp | d57936dex311.htm |
| EX-31.2 - EX-31.2 - BRE Select Hotels Corp | d57936dex312.htm |
| EX-99.1 - EX-99.1 - BRE Select Hotels Corp | d57936dex991.htm |
| EX-21.1 - EX-21.1 - BRE Select Hotels Corp | d57936dex211.htm |
| EX-32.1 - EX-32.1 - BRE Select Hotels Corp | d57936dex321.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges and Preferred Share Dividends
| Successor | Predecessor | |||||||||||||||||||||||
| 2015 | 2014 | 2013 | Period from January 1, through May 13, 2013 |
2012 | 2011 | |||||||||||||||||||
| Pretax income (loss) from continuing operations |
$ | 39,720 | $ | 30,505 | $ | 2,152 | ($50,461 | ) | $ | 49,975 | $ | 44,974 | ||||||||||||
| Fixed charges |
30,704 | 43,078 | 24,531 | 1,439 | 2,806 | 3,236 | ||||||||||||||||||
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| Adjusted earnings |
$ | 70,424 | $ | 73,583 | $ | 26,683 | ($49,022 | ) | $ | 52,781 | $ | 48,210 | ||||||||||||
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| Fixed Charges and Preferred Dividends: |
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| Interest expense (including amortization of deferred financing fees) |
30,704 | 43,078 | 24,531 | 1,439 | 2,806 | 3,236 | ||||||||||||||||||
| Preferred share dividends |
9,641 | 12,797 | 9,369 | 0 | 0 | 0 | ||||||||||||||||||
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| Total fixed charges and preferred dividends |
$ | 40,345 | $ | 55,875 | $ | 33,900 | $ | 1,439 | $ | 2,806 | $ | 3,236 | ||||||||||||
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| Ratio of earnings to fixed charges and preferred dividends |
1.7 | 1.3 | 0.8 | (a) | (34.1 | )(b) | 18.8 | 14.9 | ||||||||||||||||
| (a) | For the 2013 Successor period, the deficiency was $6.5 million. |
| (b) | For the 2013 Predecessor period, the deficiency was $50.5 million. |