Attached files

file filename
EX-32.1 - EX-32.1 - SELECT INCOME REITsir-20160630ex32138a6a6.htm
EX-31.4 - EX-31.4 - SELECT INCOME REITsir-20160630ex314398035.htm
EX-31.3 - EX-31.3 - SELECT INCOME REITsir-20160630ex313d05358.htm
EX-31.2 - EX-31.2 - SELECT INCOME REITsir-20160630ex3122b7c43.htm
EX-31.1 - EX-31.1 - SELECT INCOME REITsir-20160630ex3118aa3ac.htm
10-Q - 10-Q - SELECT INCOME REITsir-20160630x10q.htm

Exhibit 12.1

SELECT INCOME REIT
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

Year Ended December 31,

 

June 30, 2016

 

2015

 

2014

 

2013

 

2012

 

2011 (1)

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations (including gains on sales of properties, if any) before income tax expense and equity in earnings of an investee

$

63,733

 

$

75,419

 

$

105,983

 

$

92,662

 

$

65,896

 

$

68,943

Fixed charges

 

41,193

 

 

73,885

 

 

12,974

 

 

13,763

 

 

7,565

 

 

 -

Adjusted earnings

$

104,926

 

$

149,304

 

$

118,957

 

$

106,425

 

$

73,461

 

$

68,943

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (including net amortization of debt premiums and discounts and debt issuance costs)

$

41,193

 

$

73,885

 

$

12,974

 

$

13,763

 

$

7,565

 

$

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges (1)

 

2.5x

 

 

2.0x

 

 

9.2x

 

 

7.7x

 

 

9.7x

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

There is no ratio for the year ended December 31, 2011  because there were no fixed charges attributable to us for that year.