Attached files
file | filename |
---|---|
10-Q - 10-Q - COLUMBIA PROPERTY TRUST, INC. | cxp10-q2016q2.htm |
EX-32.1 - CERTIFICATION - COLUMBIA PROPERTY TRUST, INC. | cxp2016q2_ex321.htm |
EX-31.2 - CERTIFICATION - COLUMBIA PROPERTY TRUST, INC. | cxp2016q2_ex312.htm |
EX-31.1 - CERTIFICATION - COLUMBIA PROPERTY TRUST, INC. | cxp2016q2_ex311.htm |
COLUMBIA PROPERTY TRUST, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
Six Months Ended June 30, 2016 | Year Ended December 31, 2015 | |||||||
Fixed charges | ||||||||
Interest expense1 | $ | 31,677 | $ | 78,096 | ||||
Add: Capitalized interest | 105 | 582 | ||||||
Total fixed charges | $ | 31,782 | $ | 78,678 | ||||
Earnings available for fixed charges | ||||||||
Net income | $ | 19,983 | $ | 44,619 | ||||
Add: Fixed charges | 31,782 | 78,678 | ||||||
Less: Capitalized interest | (105 | ) | (582 | ) | ||||
Total earnings available for fixed charges | $ | 51,660 | $ | 122,715 | ||||
Ratio of earnings to fixed charges | 1.63 | 1.56 |
1 | Interest expense has been adjusted to exclude interest income related to development authority bonds, which is entirely offset by the related interest income. |