Attached files
| file | filename |
|---|---|
| EX-31.4 - EXHIBIT 31.4 - ESSEX PROPERTY TRUST, INC. | ess-93015xex314.htm |
| EX-31.2 - EXHIBIT 31.2 - ESSEX PROPERTY TRUST, INC. | ess-93015xex312.htm |
| EX-31.3 - EXHIBIT 31.3 - ESSEX PROPERTY TRUST, INC. | ess-93015xex313.htm |
| EX-32.2 - EXHIBIT 32.2 - ESSEX PROPERTY TRUST, INC. | ess-93015xex322.htm |
| EX-32.3 - EXHIBIT 32.3 - ESSEX PROPERTY TRUST, INC. | ess-93015xex323.htm |
| EX-31.1 - EXHIBIT 31.1 - ESSEX PROPERTY TRUST, INC. | ess-93015xex311.htm |
| EX-32.4 - EXHIBIT 32.4 - ESSEX PROPERTY TRUST, INC. | ess-93015xex324.htm |
| XML - IDEA: XBRL DOCUMENT - ESSEX PROPERTY TRUST, INC. | R9999.htm |
| 10-Q - 10-Q - ESSEX PROPERTY TRUST, INC. | ess-93015x10q.htm |
| EX-32.1 - EXHIBIT 32.1 - ESSEX PROPERTY TRUST, INC. | ess-93015xex321.htm |
Exhibit 12.1
ESSEX PROPERTY TRUST, INC. AND SUBSIDIARIES
Schedule of computation of Ratio and Earnings to Fixed Charges and Preferred Stock Dividends
(Dollars in thousands, except ratios)
Nine Months ended September 30, | Years ended December 31, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income before discontinued operations | $ | 162,477 | $ | 134,438 | $ | 140,882 | $ | 127,653 | $ | 46,958 | ||||||||||
Interest expense | 148,401 | 164,551 | 116,524 | 111,888 | 103,168 | |||||||||||||||
Total earnings | $ | 310,878 | $ | 298,989 | $ | 257,406 | $ | 239,541 | $ | 150,126 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 148,401 | $ | 164,551 | $ | 116,524 | $ | 111,888 | $ | 103,168 | ||||||||||
Capitalized interest | 12,239 | 22,510 | 16,486 | 10,346 | 8,240 | |||||||||||||||
Preferred stock dividends | 3,941 | 5,291 | 5,472 | 5,472 | 4,753 | |||||||||||||||
Perpetual preferred unit distributions | — | — | — | — | 1,650 | |||||||||||||||
Total fixed charges and preferred | ||||||||||||||||||||
stock dividends and preferred unit distributions | $ | 164,581 | $ | 192,352 | $ | 138,482 | $ | 127,706 | $ | 117,811 | ||||||||||
Ratio of earnings to fixed charges | ||||||||||||||||||||
(excluding preferred stock dividends | ||||||||||||||||||||
and preferred unit distributions) | 1.94 | X | 1.60 | X | 1.94 | X | 1.96 | X | 1.35 | X | ||||||||||
Ratio of earnings to combined fixed | ||||||||||||||||||||
charges and preferred stock dividends | ||||||||||||||||||||
and preferred unit distributions | 1.89 | X | 1.55 | X | 1.86 | X | 1.88 | X | 1.27 | X | ||||||||||
ESSEX PORTFOLIO, L.P. AND SUBSIDIARIES
Schedule of computation of Ratio and Earnings to Fixed Charges and Preferred Unit Distributions
(Dollars in thousands, except ratios)
Nine Months ended September 30, | Years ended December 31, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income before discontinued operations | $ | 162,477 | $ | 134,438 | $ | 140,882 | $ | 127,653 | $ | 46,958 | ||||||||||
Interest expense | 148,401 | 164,551 | 116,524 | 111,888 | 103,168 | |||||||||||||||
Total earnings | $ | 310,878 | $ | 298,989 | $ | 257,406 | $ | 239,541 | $ | 150,126 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 148,401 | $ | 164,551 | $ | 116,524 | $ | 111,888 | $ | 103,168 | ||||||||||
Capitalized interest | 12,239 | 22,510 | 16,486 | 10,346 | 8,240 | |||||||||||||||
Preferred interest distributions | 3,941 | 5,291 | 5,472 | 5,472 | 4,753 | |||||||||||||||
Perpetual preferred unit distributions | — | — | — | — | 1,650 | |||||||||||||||
Total fixed charges and preferred | ||||||||||||||||||||
interest and preferred unit distributions | $ | 164,581 | $ | 192,352 | $ | 138,482 | $ | 127,706 | $ | 117,811 | ||||||||||
Ratio of earnings to fixed charges | ||||||||||||||||||||
(excluding preferred interest | ||||||||||||||||||||
and preferred unit distributions) | 1.94 | X | 1.60 | X | 1.94 | X | 1.96 | X | 1.35 | X | ||||||||||
Ratio of earnings to combined fixed | ||||||||||||||||||||
charges and preferred interest and | ||||||||||||||||||||
preferred unit distributions | 1.89 | X | 1.55 | X | 1.86 | X | 1.88 | X | 1.27 | X | ||||||||||