Attached files
file | filename |
---|---|
10-Q - 10-Q - OFFICE PROPERTIES INCOME TRUST | gov-20140930x10q.htm |
EX-31.3 - EX-31.3 - OFFICE PROPERTIES INCOME TRUST | gov-20140930ex313b54a5a.htm |
EX-31.4 - EX-31.4 - OFFICE PROPERTIES INCOME TRUST | gov-20140930ex314c1d85f.htm |
EX-31.1 - EX-31.1 - OFFICE PROPERTIES INCOME TRUST | gov-20140930ex31152128d.htm |
EX-31.2 - EX-31.2 - OFFICE PROPERTIES INCOME TRUST | gov-20140930ex31256d4cb.htm |
EXCEL - IDEA: XBRL DOCUMENT - OFFICE PROPERTIES INCOME TRUST | Financial_Report.xls |
EX-32.1 - EX-32.1 - OFFICE PROPERTIES INCOME TRUST | gov-20140930ex321123665.htm |
GOVERNMENT PROPERTIES INCOME TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)
|
|
|
Nine Months Ended |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, |
|
Year Ended December 31, |
||||||||||||||
|
|
|
2014 |
|
2013 |
|
2012 |
|
2011 |
|
2010 |
|
2009 |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-tax income from continuing operations before |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
equity in earnings of investees |
|
$ |
34,004 |
|
$ |
55,308 |
|
$ |
48,903 |
|
$ |
42,255 |
|
$ |
24,018 |
|
$ |
22,284 |
Distributions of earnings from equity investees |
|
|
10,320 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Fixed charges |
|
|
18,530 |
|
|
16,831 |
|
|
16,892 |
|
|
12,057 |
|
|
7,351 |
|
|
5,556 | |
Adjusted Earnings |
|
$ |
62,854 |
|
$ |
72,139 |
|
$ |
65,795 |
|
$ |
54,312 |
|
$ |
31,369 |
|
$ |
27,840 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest on indebtedness and amortization of deferred |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
finance costs and debt discounts |
|
$ |
18,530 |
|
$ |
16,831 |
|
$ |
16,892 |
|
$ |
12,057 |
|
$ |
7,351 |
|
$ |
5,556 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
|
3.4x |
|
|
4.3x |
|
|
3.9x |
|
|
4.5x |
|
|
4.3x |
|
|
5.0x |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|