Attached files

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EX-31.1 - EXHIBIT 31.1 - LIBERTY PROPERTY TRUSTlptex311-3312017.htm
EX-32.4 - EXHIBIT 32.4 - LIBERTY PROPERTY TRUSTlptex324-3312017.htm
EX-32.3 - EXHIBIT 32.3 - LIBERTY PROPERTY TRUSTlptex323-3312017.htm
EX-32.2 - EXHIBIT 32.2 - LIBERTY PROPERTY TRUSTlptex322-3312017.htm
EX-32.1 - EXHIBIT 32.1 - LIBERTY PROPERTY TRUSTlptex321-3312017.htm
EX-31.4 - EXHIBIT 31.4 - LIBERTY PROPERTY TRUSTlptex314-3312017.htm
EX-31.3 - EXHIBIT 31.3 - LIBERTY PROPERTY TRUSTlptex313-3312017.htm
EX-31.2 - EXHIBIT 31.2 - LIBERTY PROPERTY TRUSTlptex312-3312017.htm
EX-3.1 - EXHIBIT 3.1 - LIBERTY PROPERTY TRUSTlptex3133117.htm
10-Q - 10-Q - LIBERTY PROPERTY TRUSTlpt331201710q.htm


EXHIBIT 12.1 - STATEMENT RE: COMPUTATION OF RATIO
 OF EARNINGS TO FIXED CHARGES
 AND RATIO OF EARNINGS TO COMBINED FIXED CHARGES
 
 
 
 
 
LIBERTY PROPERTY TRUST / LIBERTY PROPERTY LIMITED PARTNERSHIP
 (Amounts in thousands except ratio amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2017
 
 
 
 
 
 Earnings before fixed charges:
 
 
 
Income from operations before income taxes and equity in earnings of unconsolidated subsidiaries and after distribution of earnings from unconsolidated subsidiaries
 
 
$
48,562

Add:
Interest expense
 
 
21,406

 
Depreciation expense on capitalized interest
 
 
514

 
Amortization of deferred financing costs
 
 
937

 
 
 
 
 
 Earnings before fixed charges
 
 
$
71,419

 
 
 
 
 
 
 
 
 
 
 Fixed charges:
 
 
 
 Interest expense
 
 
$
21,406

 Amortization of deferred financing costs
 
 
937

 Capitalized interest
 
 
4,982

 
 
 
 
 
 Fixed charges
 
 
27,325

 
 
 
 
 
 Preferred unit distributions
 
 
118

 
 
 
 
 
 Combined fixed charges
 
 
$
27,443

 
 
 
 
 
 Ratio of earnings to fixed charges
 
 
2.61

 
 
 
 
 
 Ratio of earnings to combined fixed charges
 
 
2.60