Attached files
file | filename |
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EX-32.3 - EXHIBIT 32.3 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex323.htm |
EX-12.2 - EXHIBIT 12.2 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex122.htm |
EX-32.1 - EXHIBIT 32.1 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex321.htm |
EX-31.2 - EXHIBIT 31.2 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex312.htm |
EX-31.4 - EXHIBIT 31.4 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex314.htm |
EX-31.1 - EXHIBIT 31.1 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex311.htm |
EX-32.2 - EXHIBIT 32.2 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex322.htm |
EX-31.3 - EXHIBIT 31.3 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex313.htm |
EX-32.4 - EXHIBIT 32.4 - CORPORATE OFFICE PROPERTIES TRUST | copt09302015ex324.htm |
10-Q - 10-Q - CORPORATE OFFICE PROPERTIES TRUST | copt10q09302015document.htm |
EXHIBIT 12.1
Corporate Office Properties Trust
Ratio of Earnings to Combined Fixed Charges and Preferred Share Dividends
(Dollars in thousands)
Nine Months Ended | ||||
September 30, 2015 | ||||
Earnings: | ||||
Income from continuing operations before equity in income of unconsolidated entities and income taxes | $ | 122,206 | ||
Gain on sales of real estate, excluding discontinued operations | 4,000 | |||
Combined fixed charges and preferred share dividends (from below) | 83,987 | |||
Amortization of capitalized interest | 1,929 | |||
Distributed income of equity investees | 361 | |||
Subtract: | ||||
Capitalized interest (from below) | (5,641 | ) | ||
Preferred share dividends included in fixed charges | (10,657 | ) | ||
Preferred unit distributions included in fixed charges | (495 | ) | ||
Preferred distributions of other consolidated entities | (12 | ) | ||
Total earnings | $ | 195,678 | ||
Combined Fixed Charges and Preferred Share Dividends: | ||||
Combined fixed charges and preferred share dividends: | ||||
Interest expense on continuing operations | $ | 66,727 | ||
Capitalized interest (internal and external) | 5,641 | |||
Amortization of debt issuance costs-capitalized | 8 | |||
Interest included in rental expense | 447 | |||
Preferred share dividends | 10,657 | |||
Preferred unit distributions | 495 | |||
Preferred distributions of other consolidated entities | 12 | |||
Total combined fixed charges and preferred share dividends | $ | 83,987 | ||
Ratio of earnings to combined fixed charges and preferred share dividends | 2.33 | |||