Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - Whitestone REIT | exhibit312certificationofc.htm |
| EX-32.2 - EXHIBIT 32.2 - Whitestone REIT | exhibit322certificationofc.htm |
| EX-32.1 - EXHIBIT 32.1 - Whitestone REIT | exhibit321certificationofc.htm |
| EX-31.1 - EXHIBIT 31.1 - Whitestone REIT | exhibit311certificationofc.htm |
| 10-Q - 10-Q - Whitestone REIT | wsr10-q2015x09.htm |
Exhibit 12.1
Whitestone REIT
Calculation of Consolidated Ratio of Earnings to Fixed Charges
(dollars in thousands)
Nine Months | ||||||||||||||||
Ended September 30, | Year Ended December 31, | |||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||
Earnings | ||||||||||||||||
Income (loss) from continuing operations | $ | 4,773 | $ | 5,349 | $ | 3,621 | $ | (165 | ) | $ | 496 | |||||
Plus: Taxes | 274 | 282 | 293 | 275 | 214 | |||||||||||
Plus: Fixed charges | 10,830 | 10,672 | 10,089 | 9,084 | 6,224 | |||||||||||
Total earnings | $ | 15,877 | $ | 16,303 | $ | 14,003 | $ | 9,194 | $ | 6,934 | ||||||
Fixed charges | ||||||||||||||||
Interest expense | $ | 9,845 | $ | 9,680 | $ | 8,929 | $ | 7,482 | $ | 5,608 | ||||||
Plus: Capitalized Interest | 83 | 93 | 114 | 176 | — | |||||||||||
Plus: Amortization of deferred financing costs | 902 | 899 | 1,046 | 1,426 | 616 | |||||||||||
Total fixed charges | $ | 10,830 | $ | 10,672 | $ | 10,089 | $ | 9,084 | $ | 6,224 | ||||||
Ratio of earnings to fixed charges | 1.47 | 1.53 | 1.39 | 1.01 | 1.11 | |||||||||||