Attached files

file filename
EX-32.1 - EX-32.1 - BRE Select Hotels Corpd528112dex321.htm
EX-31.2 - EX-31.2 - BRE Select Hotels Corpd528112dex312.htm
EX-31.1 - EX-31.1 - BRE Select Hotels Corpd528112dex311.htm
EX-21.1 - EX-21.1 - BRE Select Hotels Corpd528112dex211.htm
10-K - FORM 10-K - BRE Select Hotels Corpd528112d10k.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.