Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - HEALTHCARE REALTY TRUST INC | g25504e8vk.htm |
| EX-5 - EX-5 - HEALTHCARE REALTY TRUST INC | g25504exv5.htm |
| EX-1 - EX-1 - HEALTHCARE REALTY TRUST INC | g25504exv1.htm |
| EX-25 - EX-25 - HEALTHCARE REALTY TRUST INC | g25504exv25.htm |
| EX-4.2 - EX-4.2 - HEALTHCARE REALTY TRUST INC | g25504exv4w2.htm |
Exhibit 12
Healthcare Realty Trust Incorporated
Statement Re: Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
(Unaudited)
Statement Re: Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
(Unaudited)
| Nine Months Ended | Year Ended December 31, | |||||||||||||||||||||||
| September 30, 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
| (Restated)(1) | ||||||||||||||||||||||||
Earnings |
||||||||||||||||||||||||
Consolidated pretax income from continuing operations |
$ | 5,852 | $ | 27,243 | $ | 17,366 | $ | 9,195 | $ | 9,062 | $ | 12,744 | ||||||||||||
Fixed charges |
56,516 | 54,437 | 49,903 | 53,318 | 53,390 | 48,242 | ||||||||||||||||||
Capitalized interest |
(7,729 | ) | (10,087 | ) | (6,679 | ) | (4,022 | ) | (1,292 | ) | (1,412 | ) | ||||||||||||
Total Earnings |
$ | 54,639 | $ | 71,593 | $ | 60,590 | $ | 58,491 | $ | 61,160 | $ | 59,574 | ||||||||||||
Fixed charges |
||||||||||||||||||||||||
Interest expense |
47,803 | 43,080 | 42,126 | 48,307 | 50,760 | 45,675 | ||||||||||||||||||
Estimated interest in rental expense (2) |
984 | 1,270 | 1,098 | 989 | 1,338 | 1,155 | ||||||||||||||||||
Capitalized interest |
7,729 | 10,087 | 6,679 | 4,022 | 1,292 | 1,412 | ||||||||||||||||||
Total Fixed charges |
$ | 56,516 | $ | 54,437 | $ | 49,903 | $ | 53,318 | $ | 53,390 | $ | 48,242 | ||||||||||||
Ratio of Earnings to Fixed Charges |
0.97 | (3) | 1.32 | 1.21 | 1.10 | 1.15 | 1.23 | |||||||||||||||||
| (1) | The years ended December 31, 2009, 2008, 2007, 2006, and 2005 have been restated for discontinued operations to conform to the September 30, 2010 presentation. | |
| (2) | Assumes that approximately one-third of rent expense is representative of the interest factor. | |
| (3) | For the nine months ended September 30, 2010, earnings from continuing operations were insufficient to cover fixed charges by $1.9 million. |