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EXCEL - IDEA: XBRL DOCUMENT - Terreno Realty CorpFinancial_Report.xls
EX-21 - EX-21 - Terreno Realty Corpd854283dex21.htm
EX-23 - EX-23 - Terreno Realty Corpd854283dex23.htm
EX-32.1 - EX-32.1 - Terreno Realty Corpd854283dex321.htm
EX-31.2 - EX-31.2 - Terreno Realty Corpd854283dex312.htm
EX-31.3 - EX-31.3 - Terreno Realty Corpd854283dex313.htm
EX-32.3 - EX-32.3 - Terreno Realty Corpd854283dex323.htm
EX-31.1 - EX-31.1 - Terreno Realty Corpd854283dex311.htm
EX-32.2 - EX-32.2 - Terreno Realty Corpd854283dex322.htm
10-K - FORM 10-K - Terreno Realty Corpd854283d10k.htm

Exhibit 12.1

 

     For the Year Ended December 31,     Period from
February 16, 2010
(Commencement
of Operations) to
 
     2014      2013      2012     2011     December 31, 2010  

Earnings

            

Income (loss) from continuing operations

   $ 10,718       $ 2,451       $ (2,031   $ (5,807   $ (5,984

Add:

            

Fixed charges

     6,975         6,526         5,531        2,648        554   

Capitalized Interest

     (303      (232      —          —          —     
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Total Earnings

$ 17,390    $ 8,745    $ 3,500    $ (3,159 $ (5,430
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Fixed Charges

Add:

Interest Expensed

$ 6,591    $ 6,214    $ 5,472    $ 2,612    $ 524   

Capitalized Interest

  303      232      —        —        —     

Estimate of the Interest within rental expense

  81      80      59      36      30   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Total Fixed Charges

  6,975      6,526      5,531      2,648      554   

Preferred stock dividends

  3,565      3,565      1,604      —        —     
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Combined Fixed Charges and Preferred Stock Dividends

$ 10,540    $ 10,091    $ 7,135    $ 2,648    $ 554   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

  1.65      0.87      0.49 (1)    —   (1)    —   (1) 

 

(1)  Fixed charges exceed earnings by $2.0 million, $5.8 million and $6.0 million for the years ended December 31, 2012 and 2011 and for the period from February 16, 2010 (Commencement of Operations) to December 31, 2010.