TravelCenters of America (TA) 10-Q 2017 Q3 Quarterly report

Exhibit 12.1

TravelCenters of America LLC

Statement of Computation of Ratio of Earnings to Fixed Charges

	Nine Months Ended September 30, 2017			Years Ended December 31,
				2016			2015			2014			2013			2012
	(in thousands, except ratio amounts)
(Loss) income before income taxes,    income from equity investees and    noncontrolling interests	$	(49,707	)	$	(8,206	)	$	40,202		$	95,768		$	2,331		$	31,812
Distributions received from equity    investees	4,800			3,000			4,800			—			—			4,800
Fixed charges	92,300			118,248			106,344			93,101			90,880			79,161
Amortization of capitalized interest	98			90			30			41			31			—
Capitalized interest	(488		)	(2,377		)	(1,797		)	(755		)	(1,033		)	—
Total earnings	$	47,003		$	110,755		$	149,579		$	188,155		$	92,209		$	115,773
Interest expense(1)	$	22,898		$	28,438		$	24,425		$	17,241		$	17,650		$	10,358
Estimated interest within real estate    rent expense(2)	68,914			87,433			80,122			75,105			72,197			68,803
Capitalized interest	488			2,377			1,797			755			1,033			—
Total fixed charges	$	92,300		$	118,248		$	106,344		$	93,101		$	90,880		$	79,161
Ratio of earnings to fixed charges	0.51			0.94			1.41			2.02			1.01			1.46
Deficiency of earnings available to    cover fixed charges	$	(45,297	)	$	(7,493	)	$ N/A			$ N/A			$ N/A			$ N/A

⁽¹⁾ Includes interest expense and amortization of premiums and discounts related to indebtedness.

⁽²⁾ Estimated interest within rent expense includes one third of rental expense, which approximates the interest component of operating leases.