Attached files
| file | filename |
|---|---|
| EX-12.2 - EX-12.2 - CoreSite Realty Corp | cor-20161231ex122c86917.htm |
| EX-32.2 - EX-32.2 - CoreSite Realty Corp | cor-20161231ex3225092d2.htm |
| EX-32.1 - EX-32.1 - CoreSite Realty Corp | cor-20161231ex32145e32f.htm |
| EX-31.2 - EX-31.2 - CoreSite Realty Corp | cor-20161231ex312a201b0.htm |
| EX-31.1 - EX-31.1 - CoreSite Realty Corp | cor-20161231ex311e3490b.htm |
| EX-23.1 - EX-23.1 - CoreSite Realty Corp | cor-20161231ex231d1b0f4.htm |
| EX-21.1 - EX-21.1 - CoreSite Realty Corp | cor-20161231ex211648e82.htm |
| 10-K - 10-K - CoreSite Realty Corp | cor-20161231x10k.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(in thousands)
|
|
|
Year Ended December 31, |
|||||||||||||
|
|
|
2016 |
|
2015 |
|
2014 |
|
2013 |
|
2012 |
|||||
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
$ |
81,921 |
|
$ |
56,859 |
|
$ |
40,052 |
|
$ |
31,612 |
|
$ |
10,716 |
|
Add: Fixed charges |
|
|
21,484 |
|
|
15,184 |
|
|
14,639 |
|
|
12,016 |
|
|
10,792 |
|
Add: Amortization of capitalized interest |
|
|
1,936 |
|
|
1,545 |
|
|
1,128 |
|
|
679 |
|
|
369 |
|
Less: Capitalized interest |
|
|
(4,121) |
|
|
(3,698) |
|
|
(4,633) |
|
|
(4,362) |
|
|
(1,837) |
|
Total earnings |
|
$ |
101,220 |
|
$ |
69,890 |
|
$ |
51,186 |
|
$ |
39,945 |
|
$ |
20,040 |
|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense (including amortization of deferred financing costs) |
|
$ |
12,612 |
|
$ |
7,104 |
|
$ |
5,311 |
|
$ |
2,689 |
|
$ |
5,236 |
|
Capitalized interest |
|
|
4,121 |
|
|
3,698 |
|
|
4,633 |
|
|
4,362 |
|
|
1,837 |
|
Interest within rental expense |
|
|
4,751 |
|
|
4,382 |
|
|
4,695 |
|
|
4,965 |
|
|
3,719 |
|
Total fixed charges |
|
$ |
21,484 |
|
$ |
15,184 |
|
$ |
14,639 |
|
$ |
12,016 |
|
$ |
10,792 |
|
Ratio of earnings to combined fixed charges |
|
|
4.71 |
|
|
4.60 |
|
|
3.50 |
|
|
3.32 |
|
|
1.86 |