Attached files

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EX-31.2 - EX-31.2 - SELECT INCOME REITsir-20150331ex312fd3359.htm
EX-31.3 - EX-31.3 - SELECT INCOME REITsir-20150331ex313340332.htm
EX-32.1 - EX-32.1 - SELECT INCOME REITsir-20150331ex321598350.htm
EX-31.1 - EX-31.1 - SELECT INCOME REITsir-20150331ex31118bee8.htm
EXCEL - IDEA: XBRL DOCUMENT - SELECT INCOME REITFinancial_Report.xls
10-Q - 10-Q - SELECT INCOME REITsir-20150331x10q.htm
EX-31.4 - EX-31.4 - SELECT INCOME REITsir-20150331ex31432ff56.htm

Exhibit 12.1

SELECT INCOME REIT
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended March 31,

 

 

Year Ended December 31,

 

2015

 

2014

 

2013

 

2012

 

2011

 

2010

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income tax expense and equity in earnings of an investee

$

3,977 

 

$

105,867 

 

$

92,662 

 

$

65,896 

 

$

68,943 

 

$

60,572 

Fixed charges

 

14,179 

 

 

12,974 

 

 

13,763 

 

 

7,565 

 

 

 -

 

 

 -

Adjusted earnings

$

18,156 

 

$

118,841 

 

$

106,425 

 

$

73,461 

 

$

68,943 

 

$

60,572 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (including amortization of debt premiums and discounts and deferred financing fees)

$

14,179 

 

$

12,974 

 

$

13,763 

 

$

7,565 

 

$

 -

 

$

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges (1)

 

 

1.3x

 

 

 

9.2x

 

 

 

7.7x

 

 

 

9.7x

 

 

 -

 

 

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

There is no ratio for the years ended December 31, 2011 and 2010 because there were no fixed charges attributable to us during these years.