Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - BRE PROPERTIES INC /MD/ | Financial_Report.xls |
EX-11 - EX-11 - BRE PROPERTIES INC /MD/ | d513418dex11.htm |
EX-32.1 - EX-32.1 - BRE PROPERTIES INC /MD/ | d513418dex321.htm |
EX-32.2 - EX-32.2 - BRE PROPERTIES INC /MD/ | d513418dex322.htm |
EX-31.2 - EX-31.2 - BRE PROPERTIES INC /MD/ | d513418dex312.htm |
EX-31.1 - EX-31.1 - BRE PROPERTIES INC /MD/ | d513418dex311.htm |
10-Q - FORM 10-Q - BRE PROPERTIES INC /MD/ | d513418d10q.htm |
Exhibit 12
STATEMENT RE: COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND
EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
(Dollar amounts in thousands)
For the Three Months Ended March 31, | ||||||||
2013 | 2012 | |||||||
Earnings available to cover fixed charges: |
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Income from continuing operations |
$ | 34,986 | $ | 18,067 | ||||
Interest expense |
17,332 | 17,218 | ||||||
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Earnings available to cover net fixed charges |
$ | 52,318 | $ | 35,285 | ||||
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Fixed charges: |
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Interest expense |
$ | 17,332 | $ | 17,218 | ||||
Interest capitalized |
5,652 | 4,848 | ||||||
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Fixed charges |
$ | 22,984 | $ | 22,066 | ||||
Preferred stock dividends |
911 | 911 | ||||||
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Fixed charges and preferred stock dividends |
$ | 23,895 | $ | 22,977 | ||||
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Earnings available to cover fixed charges |
$ | 52,318 | $ | 35,285 | ||||
Divided by fixed charges |
$ | 22,984 | $ | 22,066 | ||||
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Ratio of earnings to fixed charges |
2.3x | 1.6x | ||||||
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Earnings available to cover fixed charges |
$ | 52,318 | $ | 35,285 | ||||
Divided by fixed charges and preferred stock dividends |
$ | 23,895 | $ | 22,977 | ||||
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Ratio of earnings to combined fixed charges and preferred stock dividends |
2.2 x | 1.5x | ||||||
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