Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Whitestone REIT | wsr10k2017-12.htm |
| EX-32.2 - EXHIBIT 32.2 - Whitestone REIT | exhibit322certificationofc.htm |
| EX-32.1 - EXHIBIT 32.1 - Whitestone REIT | exhibit321certificationofc.htm |
| EX-31.2 - EXHIBIT 31.2 - Whitestone REIT | exhibit312certificationofc.htm |
| EX-31.1 - EXHIBIT 31.1 - Whitestone REIT | exhibit311certificationofc.htm |
| EX-23.1 - EXHIBIT 23.1 - Whitestone REIT | exhibit231consentofpannell.htm |
| EX-21.1 - EXHIBIT 21.1 - Whitestone REIT | exhibit211listofsubsidiari.htm |
Exhibit 12.1
Whitestone REIT
Calculation of Consolidated Ratio of Earnings to Fixed Charges
(dollars in thousands)
Year Ended December 31, | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Earnings | ||||||||||||||||||||
Income from continuing operations | $ | 8,866 | $ | 8,128 | $ | 6,854 | $ | 5,349 | $ | 3,621 | ||||||||||
Plus: Taxes | 386 | 289 | 372 | 282 | 293 | |||||||||||||||
Plus: Fixed charges | 24,530 | 20,189 | 15,122 | 10,672 | 10,089 | |||||||||||||||
Total earnings | $ | 33,782 | $ | 28,606 | $ | 22,348 | $ | 16,303 | $ | 14,003 | ||||||||||
Fixed charges | ||||||||||||||||||||
Interest expense | $ | 22,808 | $ | 18,311 | $ | 13,804 | $ | 9,680 | $ | 8,929 | ||||||||||
Plus: Capitalized Interest | 439 | 324 | 106 | 93 | 114 | |||||||||||||||
Plus: Amortization of deferred financing costs | 1,283 | 1,554 | 1,212 | 899 | 1,046 | |||||||||||||||
Total fixed charges | $ | 24,530 | $ | 20,189 | $ | 15,122 | $ | 10,672 | $ | 10,089 | ||||||||||
Ratio of earnings to fixed charges | 1.38 | 1.42 | 1.48 | 1.53 | 1.39 | |||||||||||||||