Attached files
file | filename |
---|---|
10-Q - 10-Q - Service Properties Trust | hpt_093017x10qxdocument.htm |
EX-10.1 - EXHIBIT 10.1 - Service Properties Trust | hpt_93017xexhibitx101.htm |
EX-31.4 - EXHIBIT 31.4 - Service Properties Trust | hpt_93017xexhibitx314.htm |
EX-31.2 - EXHIBIT 31.2 - Service Properties Trust | hpt_93017xexhibit312.htm |
EX-31.3 - EXHIBIT 31.3 - Service Properties Trust | hpt_93017xexhibitx313.htm |
EX-12.2 - EXHIBIT 12.2 - Service Properties Trust | hpt_93017xexhibitx122.htm |
EX-10.2 - EXHIBIT 10.2 - Service Properties Trust | hpt_93017xexhibitx102.htm |
EX-32.1 - EXHIBIT 32.1 - Service Properties Trust | hpt_93017xexhibitx321.htm |
EX-31.1 - EXHIBIT 31.1 - Service Properties Trust | hpt_93017xexhibitx311.htm |
EX-4.12 - EXHIBIT 4.12 - Service Properties Trust | hpt_93017xexhibitx412.htm |
Exhibit 12.1
Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges
(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 | ||||||||||||
Ratio of Earnings to Fixed Charges | 2.37 | x | 2.40x | 2.16x | 2.43x | 1.88x | 2.13x |