Attached files
file | filename |
---|---|
EX-32 - EXHIBIT 32 - WASHINGTON REAL ESTATE INVESTMENT TRUST | wre-06302017xexhibit32.htm |
EX-31.3 - EXHIBIT 31.3 - WASHINGTON REAL ESTATE INVESTMENT TRUST | wre-06302017xexhibit313.htm |
EX-31.2 - EXHIBIT 31.2 - WASHINGTON REAL ESTATE INVESTMENT TRUST | wre-06302017xexhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - WASHINGTON REAL ESTATE INVESTMENT TRUST | wre-06302017xexhibit311.htm |
EX-10.1 - EXHIBIT 10.1 - WASHINGTON REAL ESTATE INVESTMENT TRUST | exhibit101-changeincontrol.htm |
EX-3.2 - EXHIBIT 3.2 - WASHINGTON REAL ESTATE INVESTMENT TRUST | exhibit32-amendedandrestat.htm |
10-Q - WASHINGTON REAL ESTATE INVESTMENT TRUST | wre-06302017x10xq.htm |
Exhibit 12
WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratios
(In thousands)
Earnings to fixed charges ratio:
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
2017 | 2016 | 2017 | 2016 | |||||||||||||
Net income | $ | 7,847 | $ | 31,821 | $ | 14,462 | $ | 34,200 | ||||||||
Additions: | ||||||||||||||||
Fixed charges | ||||||||||||||||
Interest expense | 12,053 | 13,820 | 23,458 | 28,180 | ||||||||||||
Capitalized interest | 229 | 165 | 445 | 288 | ||||||||||||
12,282 | 13,985 | 23,903 | 28,468 | |||||||||||||
Deductions: | ||||||||||||||||
Capitalized interest | (229 | ) | (165 | ) | (445 | ) | (288 | ) | ||||||||
Net loss attributable to noncontrolling interests | 17 | 15 | 36 | 20 | ||||||||||||
Adjusted earnings | 19,917 | 45,656 | 37,956 | 62,400 | ||||||||||||
Fixed charges (from above) | $ | 12,282 | $ | 13,985 | $ | 23,903 | $ | 28,468 | ||||||||
Ratio of earnings to fixed charges | 1.62 | 3.26 | (1) | 1.59 | 2.19 | (1) |
(1) The earnings to fixed charges ratios for the three and six months ended June 30, 2016 include gain on sale of real estate of $24.1 million.