Attached files
file | filename |
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10-K - FORM 10-K - BRE Select Hotels Corp | d280110d10k.htm |
EX-99.1 - EX-99.1 - BRE Select Hotels Corp | d280110dex991.htm |
EX-32.1 - EX-32.1 - BRE Select Hotels Corp | d280110dex321.htm |
EX-31.2 - EX-31.2 - BRE Select Hotels Corp | d280110dex312.htm |
EX-31.1 - EX-31.1 - BRE Select Hotels Corp | d280110dex311.htm |
EX-21.1 - EX-21.1 - BRE Select Hotels Corp | d280110dex211.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges and Preferred Share Dividends
Successor | Predecessor | |||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | Period from January 1, through May 13, 2013 |
2012 | |||||||||||||||||||
Pretax income (loss) from continuing operations |
$ | 18,392 | $ | 39,720 | $ | 30,505 | $ | 2,152 | ($ | 50,461 | ) | $ | 49,975 | |||||||||||
Fixed charges |
32,144 | 30,704 | 43,078 | 24,531 | 1,439 | 2,806 | ||||||||||||||||||
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Adjusted earnings |
$ | 50,536 | $ | 70,424 | $ | 73,583 | $ | 26,683 | ($ | 49,022 | ) | $ | 52,781 | |||||||||||
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Fixed Charges and Preferred Dividends: |
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Interest expense (including amortization of deferred financing fees) |
32,144 | 30,704 | 43,078 | 24,531 | 1,439 | 2,806 | ||||||||||||||||||
Preferred share dividends |
9,641 | 9,641 | 12,797 | 9,369 | - | - | ||||||||||||||||||
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Total fixed charges and preferred dividends |
$ | 41,785 | $ | 40,345 | $ | 55,875 | $ | 33,900 | $ | 1,439 | $ | 2,806 | ||||||||||||
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Ratio of earnings to fixed charges and preferred dividends |
1.2 | 1.7 | 1.3 | 0.8 | (a) | (34.1 | )(b) | 18.8 |
(a) | For the 2013 Successor period, the deficiency was $6.5 million. |
(b) | For the 2013 Predecessor period, the deficiency was $50.5 million. |