Attached files
| file | filename |
|---|---|
| EX-10.1 - EX-10.1 - DIGITAL REALTY TRUST, INC. | d750893dex101.htm |
| EX-32.1 - EX-32.1 - DIGITAL REALTY TRUST, INC. | d750893dex321.htm |
| EX-31.1 - EX-31.1 - DIGITAL REALTY TRUST, INC. | d750893dex311.htm |
| EX-32.2 - EX-32.2 - DIGITAL REALTY TRUST, INC. | d750893dex322.htm |
| EX-31.2 - EX-31.2 - DIGITAL REALTY TRUST, INC. | d750893dex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - DIGITAL REALTY TRUST, INC. | Financial_Report.xls |
| 10-Q - 10-Q - DIGITAL REALTY TRUST, INC. | d750893d10q.htm |
Exhibit 12.1
Digital Realty Trust, Inc. and Subsidiaries
Statement of Computation of Ratios
(in thousands, except ratios)
| Six Months Ended June 30, | Year Ended December 31, | |||||||||||||||||||||||||||
| 2014 | 2013 | 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||||||||
| Income from continuing operations before noncontrolling interests |
$ | 108,049 | $ | 111,302 | $ | 320,449 | $ | 216,047 | $ | 162,126 | $ | 105,412 | $ | 91,234 | ||||||||||||||
| Interest expense |
96,520 | 95,661 | 189,399 | 157,108 | 149,350 | 137,384 | 88,442 | |||||||||||||||||||||
| Interest within rental expense (1) |
2,644 | 1,868 | 7,687 | 3,410 | 2,847 | 2,604 | 2,633 | |||||||||||||||||||||
| Noncontrolling interests in consolidated joint ventures |
(232 | ) | (355 | ) | (595 | ) | 444 | 324 | 288 | (140 | ) | |||||||||||||||||
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| Earnings available to cover fixed charges |
$ | 206,981 | $ | 208,476 | $ | 516,940 | $ | 377,009 | $ | 314,647 | $ | 245,688 | $ | 182,169 | ||||||||||||||
| Fixed charges: |
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| Interest expense |
$ | 96,520 | $ | 95,661 | $ | 189,399 | $ | 157,108 | $ | 149,350 | $ | 137,384 | $ | 88,442 | ||||||||||||||
| Interest within rental expense (1) |
2,644 | 1,868 | 7,687 | 3,410 | 2,847 | 2,604 | 2,633 | |||||||||||||||||||||
| Capitalized interest |
10,200 | 11,960 | 26,277 | 21,456 | 17,905 | 10,241 | 9,196 | |||||||||||||||||||||
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| Total fixed charges |
109,364 | 109,489 | 223,363 | 181,974 | 170,102 | 150,229 | 100,271 | |||||||||||||||||||||
| Preferred stock dividends |
30,555 | 19,453 | 42,905 | 38,672 | 25,397 | 37,004 | 40,404 | |||||||||||||||||||||
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| Fixed charges and preferred stock dividends |
$ | 139,919 | $ | 128,942 | $ | 266,268 | $ | 220,646 | $ | 195,499 | $ | 187,233 | $ | 140,675 | ||||||||||||||
| Ratio of earnings to fixed charges |
1.89 | 1.90 | 2.31 | 2.07 | 1.85 | 1.64 | 1.82 | |||||||||||||||||||||
| Ratio of earnings to fixed charges and preferred stock dividends |
1.48 | 1.62 | 1.94 | 1.71 | 1.61 | 1.31 | 1.29 | |||||||||||||||||||||
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| (1) | Interest within rental expense represents one-third of rental expense (the approximate portion of rental expense representing interest). |
Digital Realty Trust, L.P. and Subsidiaries
Statement of Computation of Ratios
(in thousands, except ratios)
| Six Months Ended June 30, | Year Ended December 31, | |||||||||||||||||||||||||||
| 2014 | 2013 | 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||||||||
| Income from continuing operations before noncontrolling interests |
$ | 108,049 | $ | 111,302 | $ | 320,449 | $ | 216,047 | $ | 162,126 | $ | 105,412 | $ | 91,234 | ||||||||||||||
| Interest expense |
96,520 | 95,661 | 189,399 | 157,108 | 149,350 | 137,384 | 88,442 | |||||||||||||||||||||
| Interest within rental expense (1) |
2,644 | 1,868 | 7,687 | 3,410 | 2,847 | 2,604 | 2,633 | |||||||||||||||||||||
| Noncontrolling interests in consolidated joint ventures |
(232 | ) | (355 | ) | (595 | ) | 444 | 324 | 288 | (140 | ) | |||||||||||||||||
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| Earnings available to cover fixed charges |
$ | 206,981 | $ | 208,476 | $ | 516,940 | $ | 377,009 | $ | 314,647 | $ | 245,688 | $ | 182,169 | ||||||||||||||
| Fixed charges: |
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| Interest expense |
$ | 96,520 | $ | 95,661 | $ | 189,399 | $ | 157,108 | $ | 149,350 | $ | 137,384 | $ | 88,442 | ||||||||||||||
| Interest within rental expense (1) |
2,644 | 1,868 | 7,687 | 3,410 | 2,847 | 2,604 | 2,633 | |||||||||||||||||||||
| Capitalized interest |
10,200 | 11,960 | 26,277 | 21,456 | 17,905 | 10,241 | 9,196 | |||||||||||||||||||||
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| Total fixed charges |
109,364 | 109,489 | 223,363 | 181,974 | 170,102 | 150,229 | 100,271 | |||||||||||||||||||||
| Preferred unit distributions |
30,555 | 19,453 | 42,905 | 38,672 | 25,397 | 37,004 | 40,404 | |||||||||||||||||||||
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| Fixed charges and preferred unit distributions |
$ | 139,919 | $ | 128,942 | $ | 266,268 | $ | 220,646 | $ | 195,499 | $ | 187,233 | $ | 140,675 | ||||||||||||||
| Ratio of earnings to fixed charges |
1.89 | 1.90 | 2.31 | 2.07 | 1.85 | 1.64 | 1.82 | |||||||||||||||||||||
| Ratio of earnings to fixed charges and preferred unit distributions |
1.48 | 1.62 | 1.94 | 1.71 | 1.61 | 1.31 | 1.29 | |||||||||||||||||||||
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| (1) | Interest within rental expense represents one-third of rental expense (the approximate portion of rental expense representing interest). |