LEPERCQ CORPORATE INCOME FUND L P - FORM 10-K - EX-12 - EXHIBIT 12 - February 25, 2016

Attached files

file filename
EX-23 - EXHIBIT 23 - LEPERCQ CORPORATE INCOME FUND L Plcifex23-2015kpmgconsent.htm
EX-32.1 - EXHIBIT 32.1 - LEPERCQ CORPORATE INCOME FUND L Plcifex321-2015certification.htm
EX-32.2 - EXHIBIT 32.2 - LEPERCQ CORPORATE INCOME FUND L Plcifex322-2015certification.htm
EX-31.2 - EXHIBIT 31.2 - LEPERCQ CORPORATE INCOME FUND L Plcifex312-2015certification.htm
EX-31.1 - EXHIBIT 31.1 - LEPERCQ CORPORATE INCOME FUND L Plcifex311-2015certification.htm
10-K - 10-K - LEPERCQ CORPORATE INCOME FUND L Plcif2015123110k.htm
EX-21 - EXHIBIT 21 - LEPERCQ CORPORATE INCOME FUND L Plcifex21-2015subsidiariesl.htm


Exhibit 12

LEPERCQ CORPORATE INCOME FUND L.P.
and Consolidated Subsidiaries
For the years ended December 31,
($000's)
RATIO OF EARNINGS TO FIXED CHARGES

Earnings
 
2015
 
2014
 
2013
 
2012
 
2011
Income before provision for income taxes, equity in earnings (losses) of non-consolidated entities and discontinued operations
 
$
42,205

 
$
40,689

 
$
9,321

 
$
12,265

 
$
14,629

Interest expense
 
27,824

 
26,990

 
12,488

 
13,468

 
13,831

Amortization expense - debt cost
 
1,445

 
1,277

 
623

 
586

 
590

Cash received from joint ventures
 
150

 
15

 
—

 
—

 
—

Total
 
$
71,624

 
$
68,971

 
$
22,432

 
$
26,319

 
$
29,050

 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense
 
$
27,824

 
$
26,990

 
$
12,488

 
$
13,468

 
$
13,831

Amortization expense - debt cost
 
1,445

 
1,277

 
623

 
586

 
590

Capitalized interest expense
 
152

 
60

 
46

 
49

 
748

Total
 
$
29,421

 
$
28,327

 
$
13,157

 
$
14,103

 
$
15,169

 
 
 
 
 
 
 
 
 
 
 
Ratio
 
2.43

 
2.43

 
1.70

 
1.87

 
1.92



 



LEPERCQ CORPORATE INCOME FUND L P Reports