Attached files
file | filename |
---|---|
EX-32.1 - EX-32.1 - BRE Select Hotels Corp | d528112dex321.htm |
EX-31.2 - EX-31.2 - BRE Select Hotels Corp | d528112dex312.htm |
EX-31.1 - EX-31.1 - BRE Select Hotels Corp | d528112dex311.htm |
EX-21.1 - EX-21.1 - BRE Select Hotels Corp | d528112dex211.htm |
10-K - FORM 10-K - BRE Select Hotels Corp | d528112d10k.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges and Preferred Share Dividends
Successor | Predecessor | |||||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | Period from January 1, through May 13, 2013 |
|||||||||||||||||||
Pretax income (loss) from continuing operations |
$ | 10,662 | $ | 18,392 | $ | 39,720 | $ | 30,505 | $ | 2,152 | ($ | 50,461 | ) | |||||||||||
Fixed charges |
31,722 | 32,144 | 30,704 | 43,078 | 24,531 | 1,439 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Adjusted earnings |
$ | 42,384 | $ | 50,536 | $ | 70,424 | $ | 73,583 | $ | 26,683 | ($ | 49,022 | ) | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Fixed Charges and Preferred Dividends: |
||||||||||||||||||||||||
Interest expense (including amortization of deferred financing fees) |
31,722 | 32,144 | 30,704 | 43,078 | 24,531 | 1,439 | ||||||||||||||||||
Preferred share dividends |
7,973 | 9,641 | 9,641 | 12,797 | 9,369 | - | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total fixed charges and preferred dividends |
$ | 39,695 | $ | 41,785 | $ | 40,345 | $ | 55,875 | $ | 33,900 | $ | 1,439 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Ratio of earnings to fixed charges and preferred dividends |
1.1 | 1.2 | 1.7 | 1.3 | 0.8 | (a) | (34.1 | )(b) |
(a) | For the 2013 Successor period, the deficiency was $6.5 million. |
(b) | For the 2013 Predecessor period, the deficiency was $50.5 million. |