Attached files
| file | filename |
|---|---|
| 8-K - 8-K - CORPORATE OFFICE PROPERTIES TRUST | a13-20374_18k.htm |
EXHIBIT 12.1
Corporate Office Properties, L.P. and Subsidiaries
Ratio of Earnings to Fixed Charges
(Dollars in thousands)
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Six Months Ended |
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Earnings: |
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June 30, 2013 |
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Income from continuing operations before equity in income of |
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unconsolidated entities and income taxes |
|
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8,929 |
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Gain on sales of real estate, excluding |
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discontinued operations |
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2,683 |
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Fixed charges (from below) |
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50,600 |
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Amortization of capitalized interest |
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1,032 |
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Distributed income of equity investees |
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257 |
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Subtract: |
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Capitalized interest (from below) |
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(4,528 |
) | |
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Total earnings |
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$ |
58,973 |
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Fixed charges: |
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Interest expense on continuing operations |
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$ |
45,609 |
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Interest expense on discontinued operations |
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131 |
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Capitalized interest (internal and external) |
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4,528 |
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Amortization of debt issuance costs-capitalized |
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129 |
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Interest included in rental expense |
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203 |
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Total fixed charges |
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$ |
50,600 |
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Ratio of earnings to fixed charges |
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1.17 |
| |