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8-K - 8-K - COLUMBIA PROPERTY TRUST, INC.cxp8-k201503earningstofixe.htm


COLUMBIA PROPERTY TRUST, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
 
 
Year Ended
December 31, 2014
Fixed charges
 
 
Interest expense1
 
$
68,511

Total fixed charges
 
$
68,511

 
 
 
Earnings available for fixed charges
 
 
Net income
 
$
92,635

Add: Fixed charges
 
68,511

Total earnings available for fixed charges
 
$
161,146

 
 
 
Ratio of earnings to fixed charges
 
2.35

1 
Interest expense has been adjusted to exclude interest income related to development authority bonds, which is entirely offset by the related interest income.