Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Rexford Industrial Realty, Inc. | rexr-q42015ex322.htm |
| EX-31.1 - EXHIBIT 31.1 - Rexford Industrial Realty, Inc. | rexr-q42015ex311.htm |
| EX-31.3 - EXHIBIT 31.3 - Rexford Industrial Realty, Inc. | rexr-q42015ex313.htm |
| EX-31.2 - EXHIBIT 31.2 - Rexford Industrial Realty, Inc. | rexr-q42015ex312.htm |
| EX-32.1 - EXHIBIT 32.1 - Rexford Industrial Realty, Inc. | rexr-q42015ex321.htm |
| EX-21.1 - EXHIBIT 21.1 - Rexford Industrial Realty, Inc. | rexr-q42015ex211.htm |
| EX-32.3 - EXHIBIT 32.3 - Rexford Industrial Realty, Inc. | rexr-q42015ex323.htm |
| EX-10.25 - EXHIBIT 10.25 - Rexford Industrial Realty, Inc. | rexr-q42015ex1025.htm |
| EX-10.24 - EXHIBIT 10.24 - Rexford Industrial Realty, Inc. | rexr-q42015ex1024.htm |
| EX-10.26 - EXHIBIT 10.26 - Rexford Industrial Realty, Inc. | rexr-q42015ex1026.htm |
| 10-K - 10-K - Rexford Industrial Realty, Inc. | rexr-20151231x10k.htm |
| EX-23.1 - EXHIBIT 23.1 - Rexford Industrial Realty, Inc. | rexr-q42015ex231.htm |
Exhibit 12.1
REXFORD INDUSTRIAL REALTY, INC.
Statement of Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)
Rexford Industrial Realty, Inc. | Rexford Industrial Realty, Inc. Predecessor | |||||||||||||||||||||||
Year ended December 31, 2015 | Year ended December 31, 2014 | Period from July 24, 2013 to December 31, 2013 | Period from January 1, 2013 to July 23, 2013 | Year ended December 31, 2012 | Year ended December 31, 2011 | |||||||||||||||||||
Earnings | ||||||||||||||||||||||||
Add: | ||||||||||||||||||||||||
Gain (loss) from continuing operations before adjustment for income or loss from equity investees | $ | 1,857 | $ | (1,141 | ) | $ | (1,102 | ) | $ | (7,279 | ) | $ | (8,436 | ) | $ | (7,619 | ) | |||||||
Fixed charges (see below) | 9,361 | 6,534 | 1,791 | 9,415 | 16,950 | 17,535 | ||||||||||||||||||
Distributed income of equity investees | — | 1,689 | — | — | — | — | ||||||||||||||||||
Subtract: | ||||||||||||||||||||||||
Capitalized interest | (754 | ) | (42 | ) | — | — | — | — | ||||||||||||||||
Earnings | $ | 10,464 | $ | 7,040 | $ | 689 | $ | 2,136 | $ | 8,514 | $ | 9,916 | ||||||||||||
Fixed Charges | ||||||||||||||||||||||||
Interest expense | 8,453 | 6,400 | 1,763 | 9,395 | 16,875 | 17,466 | ||||||||||||||||||
Capitalized interest | 754 | 42 | — | — | — | — | ||||||||||||||||||
Rental expense at computed interest factor(1) | 154 | 92 | 28 | 20 | 75 | 69 | ||||||||||||||||||
Fixed charges | $ | 9,361 | $ | 6,534 | $ | 1,791 | $ | 9,415 | $ | 16,950 | $ | 17,535 | ||||||||||||
Consolidated ratio of earnings (loss) to fixed charges | 1.12 | 1.08 | 0.38 | 0.23 | 0.50 | 0.57 | ||||||||||||||||||
Inadequate amount | $ | — | $ | — | $ | (1,102 | ) | $ | (7,279 | ) | $ | (8,436 | ) | $ | (7,619 | ) | ||||||||
(1) | Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs. |