Attached files

file filename
10-K - 10-K - Equity Commonwealtha2196601z10-k.htm
EX-8.1 - EXHIBIT 8.1 - Equity Commonwealtha2196601zex-8_1.htm
EX-31.1 - EXHIBIT 31.1 - Equity Commonwealtha2196601zex-31_1.htm
EX-21.1 - EXHIBIT 21.1 - Equity Commonwealtha2196601zex-21_1.htm
EX-12.2 - EXHIBIT 12.2 - Equity Commonwealtha2196601zex-12_2.htm
EX-31.4 - EXHIBIT 31.4 - Equity Commonwealtha2196601zex-31_4.htm
EX-31.3 - EXHIBIT 31.3 - Equity Commonwealtha2196601zex-31_3.htm
EX-23.1 - EXHIBIT 23.1 - Equity Commonwealtha2196601zex-23_1.htm
EX-32.1 - EXHIBIT 32.1 - Equity Commonwealtha2196601zex-32_1.htm
EX-10.27 - EXHIBIT 10.27 - Equity Commonwealtha2196601zex-10_27.htm
EX-10.20 - EXHIBIT 10.20 - Equity Commonwealtha2196601zex-10_20.htm
EX-10.53 - EXHIBIT 10.53 - Equity Commonwealtha2196601zex-10_53.htm
EX-31.2 - EXHIBIT 31.2 - Equity Commonwealtha2196601zex-31_2.htm

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Exhibit 12.1

HRPT PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(dollars in thousands)

 
  Year Ended December 31,  
 
  2009   2008   2007   2006   2005  

Earnings:

                               
 

Income from continuing operations

  $ 76,666   $ 83,559   $ 94,626   $ 222,215   $ 127,528  
 

Equity in earnings and gains (losses) on equity transactions of equity investments

    (6,546 )           (119,423 )   (26,115 )
 

Fixed charges

    173,458     180,193     171,459     165,903     143,663  
 

Distributions from equity investments

    4,975             5,387     22,646  
 

Capitalized interest

            (489 )   (335 )    
                       

Adjusted Earnings

  $ 248,553   $ 263,752   $ 265,596   $ 273,747   $ 267,722  
                       

Fixed Charges:

                               
 

Interest expense (including amortization of debt discounts, premiums and deferred financing fees)

  $ 173,458   $ 180,193   $ 170,970   $ 165,568   $ 143,663  
 

Capitalized interest

            489     335      
                       

Total Fixed Charges

  $ 173,458   $ 180,193   $ 171,459   $ 165,903   $ 143,663  
                       

Ratio of Earnings to Fixed Charges

    1.4x     1.5x     1.5x     1.7x     1.9x  



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HRPT PROPERTIES TRUST COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (dollars in thousands)