Attached files

file filename
8-K - FORM 8-K - BLACKSTONE MORTGAGE TRUST, INC.d633966d8k.htm
EX-4.1 - EX-4.1 - BLACKSTONE MORTGAGE TRUST, INC.d633966dex41.htm
EX-1.1 - EX-1.1 - BLACKSTONE MORTGAGE TRUST, INC.d633966dex11.htm
EX-5.1 - EX-5.1 - BLACKSTONE MORTGAGE TRUST, INC.d633966dex51.htm
EX-4.2 - EX-4.2 - BLACKSTONE MORTGAGE TRUST, INC.d633966dex42.htm
EX-5.2 - EX-5.2 - BLACKSTONE MORTGAGE TRUST, INC.d633966dex52.htm
EX-8.1 - EX-8.1 - BLACKSTONE MORTGAGE TRUST, INC.d633966dex81.htm

Exhibit 12.1

Blackstone Mortgage Trust, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratios)

 

     Nine Months
Ended
September 30,
2013
 

Fixed Charges

  

Interest expense, including amortization

   $ 6,492   

Interest capitalized

     —     

Interest within rental expense

     —     

Preferred security dividend requirements in consolidated subsidiaries

     —     
  

 

 

 

Total fixed charges

   $ 6,492   

Earnings

  

Pre-tax income from continuing operations before equity investees

   $ 16,025   

Add:

  

Fixed charges, including amortization

     6,492   

Distributed income of equity investees

     —     

Income from equity investees arising from guarantees

     —     

Less:

  

Interest capitalized

     —     

Preferred security dividend requirements in consolidated subsidiaries

     —     

The non-controlling interest in pre-tax subsidiaries that have not incurred fixed charges

     —     
  

 

 

 

Earnings

   $ 22,517   

Ratio of Earnings to Fixed Charges

     3.47x