Attached files
file | filename |
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10-K - 10-K - OFFICE PROPERTIES INCOME TRUST | gov-20151231x10k.htm |
EX-23.1 - EX-23.1 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex231460f05.htm |
EX-99.3 - EX-99.3 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex9933593d9.htm |
EX-31.4 - EX-31.4 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex3146ff4d6.htm |
EX-32.1 - EX-32.1 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex321369fe3.htm |
EX-31.1 - EX-31.1 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex31113f63d.htm |
EX-31.2 - EX-31.2 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex3126daacd.htm |
EX-31.3 - EX-31.3 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex31313edf0.htm |
EX-21.1 - EX-21.1 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex211c531b7.htm |
EX-8.1 - EX-8.1 - OFFICE PROPERTIES INCOME TRUST | gov-20151231ex813d90083.htm |
GOVERNMENT PROPERTIES INCOME TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)
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Year Ended December 31, |
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2015 |
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2014 |
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2013 |
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2012 |
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2011 |
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Income (loss) from continuing operations (including gain on sale of |
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properties, if any) before income tax expense and equity in |
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earnings (losses) of investees |
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(227,990) |
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$ |
42,190 |
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$ |
55,308 |
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$ |
48,903 |
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$ |
42,255 |
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Distributions of earnings from equity investees |
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21,882 |
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17,046 |
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— |
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— |
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— |
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Fixed charges |
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37,008 |
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28,048 |
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16,831 |
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16,892 |
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12,057 |
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Adjusted earnings (loss) |
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(169,100) |
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$ |
87,284 |
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$ |
72,139 |
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$ |
65,795 |
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$ |
54,312 |
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Fixed Charges: |
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Interest on indebtedness and amortization of deferred |
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finance costs and debt discounts |
$ |
37,008 |
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$ |
28,048 |
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$ |
16,831 |
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$ |
16,892 |
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$ |
12,057 |
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Ratio of adjusted earnings (loss) to fixed charges |
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(4.6x) (1) |
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3.1x |
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4.3x |
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3.9x |
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4.5x |
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(1) The deficiency for the year was approximately $206.1 million.