Peter Jackson’s The Hobbit: An Unexpected Journey comes to theaters Dec. 14, 2012. The first trailer has hit the web, and here it is.

The Hobbit: An Unexpected Journey depicts the events of J.R.R. Tolkien’s The Hobbit. Not seen in the trailer: The novel’s dragon villain, Smaug.

With both The Hobbit and The Dark Knight Rises both hitting theaters next year, 2012 is shaping up to be an epic movie year.