Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - DIGITAL REALTY TRUST, INC. | dlr331201610-q.htm |
| EX-10.3 - EXHIBIT 10.3 - DIGITAL REALTY TRUST, INC. | ex103.htm |
| EX-31.3 - EXHIBIT 31.3 - DIGITAL REALTY TRUST, INC. | ex31303312016.htm |
| EX-31.2 - EXHIBIT 31.2 - DIGITAL REALTY TRUST, INC. | ex31203312016.htm |
| EX-32.3 - EXHIBIT 32.3 - DIGITAL REALTY TRUST, INC. | ex32303312016.htm |
| EX-32.4 - EXHIBIT 32.4 - DIGITAL REALTY TRUST, INC. | ex32403312016.htm |
| EX-31.1 - EXHIBIT 31.1 - DIGITAL REALTY TRUST, INC. | ex31103312016.htm |
| EX-32.1 - EXHIBIT 32.1 - DIGITAL REALTY TRUST, INC. | ex32103312016.htm |
| EX-31.4 - EXHIBIT 31.4 - DIGITAL REALTY TRUST, INC. | ex31403312016.htm |
| EX-32.2 - EXHIBIT 32.2 - DIGITAL REALTY TRUST, INC. | ex32203312016.htm |
Exhibit 12.1
Digital Realty Trust, Inc. and Subsidiaries
Statement of Computation of Ratios
(in thousands, except ratios)
Three Months Ended March 31, | Year Ended December 31, | |||||||||||||||||||||||||||
2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||||
Income from continuing operations before noncontrolling interests | $ | 62,333 | $ | 122,325 | $ | 301,591 | $ | 203,415 | $ | 320,449 | $ | 216,047 | $ | 162,126 | ||||||||||||||
Interest expense | 57,261 | 45,466 | 201,435 | 191,085 | 189,399 | 157,108 | 149,350 | |||||||||||||||||||||
Interest within rental expense (1) | 6,895 | 1,434 | 8,208 | 5,393 | 7,687 | 3,410 | 2,847 | |||||||||||||||||||||
Noncontrolling interests in consolidated joint ventures | (121 | ) | (116 | ) | (460 | ) | (465 | ) | (595 | ) | 444 | 324 | ||||||||||||||||
Earnings available to cover fixed charges | $ | 126,368 | $ | 169,109 | $ | 510,774 | $ | 399,428 | $ | 516,940 | $ | 377,009 | $ | 314,647 | ||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 57,261 | $ | 45,466 | $ | 201,435 | $ | 191,085 | $ | 189,399 | $ | 157,108 | $ | 149,350 | ||||||||||||||
Interest within rental expense (1) | 6,895 | 1,434 | 8,208 | 5,393 | 7,687 | 3,410 | 2,847 | |||||||||||||||||||||
Capitalized interest | 3,814 | 4,346 | 12,851 | 20,373 | 26,277 | 21,456 | 17,905 | |||||||||||||||||||||
Total fixed charges | 67,970 | 51,246 | 222,494 | 216,851 | 223,363 | 181,974 | 170,102 | |||||||||||||||||||||
Preferred stock dividends | 22,424 | 18,455 | 79,423 | 67,465 | 42,905 | 38,672 | 25,397 | |||||||||||||||||||||
Fixed charges and preferred stock dividends | $ | 90,394 | $ | 69,701 | $ | 301,917 | $ | 284,316 | $ | 266,268 | $ | 220,646 | $ | 195,499 | ||||||||||||||
Ratio of earnings to fixed charges | 1.86 | 3.30 | 2.30 | 1.84 | 2.31 | 2.07 | 1.85 | |||||||||||||||||||||
Ratio of earnings to fixed charges and preferred stock dividends | 1.40 | 2.43 | 1.69 | 1.40 | 1.94 | 1.71 | 1.61 | |||||||||||||||||||||
(1) | Interest within rental expense represents one-third of rental expense (the approximate portion of rental expense representing interest). |
Digital Realty Trust, L.P. and Subsidiaries
Statement of Computation of Ratios
(in thousands, except ratios)
Three Months Ended March 31, | Year Ended December 31, | |||||||||||||||||||||||||||
2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||||
Income from continuing operations before noncontrolling interests | $ | 62,333 | $ | 122,325 | $ | 300,226 | $ | 203,415 | $ | 320,449 | $ | 216,047 | $ | 162,126 | ||||||||||||||
Interest expense | 57,261 | 45,466 | 202,800 | 191,085 | 189,399 | 157,108 | 149,350 | |||||||||||||||||||||
Interest within rental expense (1) | 6,895 | 1,434 | 8,208 | 5,393 | 7,687 | 3,410 | 2,847 | |||||||||||||||||||||
Noncontrolling interests in consolidated joint ventures | (121 | ) | (116 | ) | (460 | ) | (465 | ) | (595 | ) | 444 | 324 | ||||||||||||||||
Earnings available to cover fixed charges | $ | 126,368 | $ | 169,109 | $ | 510,774 | $ | 399,428 | $ | 516,940 | $ | 377,009 | $ | 314,647 | ||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 57,261 | $ | 45,466 | $ | 202,800 | $ | 191,085 | $ | 189,399 | $ | 157,108 | $ | 149,350 | ||||||||||||||
Interest within rental expense (1) | 6,895 | 1,434 | 8,208 | 5,393 | 7,687 | 3,410 | 2,847 | |||||||||||||||||||||
Capitalized interest | 3,814 | 4,346 | 12,851 | 20,373 | 26,277 | 21,456 | 17,905 | |||||||||||||||||||||
Total fixed charges | 67,970 | 51,246 | 223,859 | 216,851 | 223,363 | 181,974 | 170,102 | |||||||||||||||||||||
Preferred unit distributions | 22,424 | 18,455 | 79,423 | 67,465 | 42,905 | 38,672 | 25,397 | |||||||||||||||||||||
Fixed charges and preferred unit distributions | $ | 90,394 | $ | 69,701 | $ | 303,282 | $ | 284,316 | $ | 266,268 | $ | 220,646 | $ | 195,499 | ||||||||||||||
Ratio of earnings to fixed charges | 1.86 | 3.30 | 2.28 | 1.84 | 2.31 | 2.07 | 1.85 | |||||||||||||||||||||
Ratio of earnings to fixed charges and preferred unit distributions | 1.40 | 2.43 | 1.68 | 1.40 | 1.94 | 1.71 | 1.61 | |||||||||||||||||||||
(1) | Interest within rental expense represents one-third of rental expense (the approximate portion of rental expense representing interest). |