Attached files
| file | filename |
|---|---|
| EX-8.1 - EX-8.1 - BLACKSTONE MORTGAGE TRUST, INC. | d391926dex81.htm |
| EX-5.2 - EX-5.2 - BLACKSTONE MORTGAGE TRUST, INC. | d391926dex52.htm |
| EX-5.1 - EX-5.1 - BLACKSTONE MORTGAGE TRUST, INC. | d391926dex51.htm |
| EX-4.2 - EX-4.2 - BLACKSTONE MORTGAGE TRUST, INC. | d391926dex42.htm |
| EX-1.1 - EX-1.1 - BLACKSTONE MORTGAGE TRUST, INC. | d391926dex11.htm |
| 8-K - FORM 8-K - BLACKSTONE MORTGAGE TRUST, INC. | d391926d8k.htm |
Exhibit 12.1
Blackstone Mortgage Trust, Inc. and Subsidiaries
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(in thousands, except ratios)
| Year Ended December 31, 2016 |
Three Months Ended March 31, 2017 |
|||||||
| Fixed Charges |
||||||||
| Interest expense, including amortization |
$ | 184,270 | $ | 46,674 | ||||
| Preferred security dividend requirements in consolidated subsidiaries |
533 | — | ||||||
|
|
|
|
|
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| Total fixed charges |
$ | 184,803 | $ | 46,674 | ||||
| Earnings |
||||||||
| Pre-tax income from continuing operations before equity investees |
$ | 243,449 | $ | 51,494 | ||||
| Add: |
||||||||
| Fixed charges, including amortization |
184,270 | 46,674 | ||||||
| Distributed income of equity investees |
9,977 | — | ||||||
| Less: |
||||||||
| Preferred security dividend requirements in consolidated subsidiaries |
— | — | ||||||
| Earnings |
$ | 437,696 | $ | 98,168 | ||||
| Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
2.37x | 2.10x | ||||||