Attached files

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EX-32.1 - EXHIBIT 32.1 - Service Properties Trusthpt_93017xexhibitx321.htm
EX-31.4 - EXHIBIT 31.4 - Service Properties Trusthpt_93017xexhibitx314.htm
EX-31.3 - EXHIBIT 31.3 - Service Properties Trusthpt_93017xexhibitx313.htm
EX-31.2 - EXHIBIT 31.2 - Service Properties Trusthpt_93017xexhibit312.htm
EX-31.1 - EXHIBIT 31.1 - Service Properties Trusthpt_93017xexhibitx311.htm
EX-12.1 - EXHIBIT 12.1 - Service Properties Trusthpt_93017xexhibitx121.htm
EX-10.2 - EXHIBIT 10.2 - Service Properties Trusthpt_93017xexhibitx102.htm
EX-10.1 - EXHIBIT 10.1 - Service Properties Trusthpt_93017xexhibitx101.htm
EX-4.12 - EXHIBIT 4.12 - Service Properties Trusthpt_93017xexhibitx412.htm
10-Q - 10-Q - Service Properties Trusthpt_093017x10qxdocument.htm


Exhibit 12.2
 
Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges and Preferred Distributions
(in thousands, except ratio amounts)
 
 
 
Nine Months Ended September 30,
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
 
2014
 
2013
 
2012
Income from continuing operations (including gains on sales of properties, if any) before income tax expense and equity in earnings (losses) of an investee
 
$
184,826

 
$
226,993

 
$
167,963

 
$
199,036

 
$
127,750

 
$
153,219

Fixed Charges
 
135,329

 
161,913

 
144,898

 
139,486

 
145,954

 
136,111

Adjusted Earnings
 
$
320,155

 
$
388,906

 
$
312,861

 
$
338,522

 
$
273,704

 
$
289,330

 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 

 
 

 
 

 
 

 
 

Interest on indebtedness and amortization of debt issuance costs and debt discounts and premiums
 
$
135,329

 
$
161,913

 
$
144,898

 
$
139,486

 
$
145,954

 
$
136,111

Preferred distributions
 
1,435

 
20,664

 
20,664

 
20,664

 
26,559

 
40,145

 
 
 
 
 
 
 
 
 
 
 
 
 
Combined Fixed Charges and Preferred distributions
 
$
136,764

 
$
182,577

 
$
165,562

 
$
160,150

 
$
172,513

 
$
176,256

 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges and Preferred distributions
 
2.34
x
 
2.13x

 
1.89x

 
2.11x

 
1.59x

 
1.64x