Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - OFFICE PROPERTIES INCOME TRUST | gov-20160630ex321c5ff67.htm |
| EX-31.4 - EX-31.4 - OFFICE PROPERTIES INCOME TRUST | gov-20160630ex3147bbbae.htm |
| EX-31.3 - EX-31.3 - OFFICE PROPERTIES INCOME TRUST | gov-20160630ex313d64de5.htm |
| EX-31.2 - EX-31.2 - OFFICE PROPERTIES INCOME TRUST | gov-20160630ex31227a40f.htm |
| EX-31.1 - EX-31.1 - OFFICE PROPERTIES INCOME TRUST | gov-20160630ex311b8def3.htm |
| 10-Q - 10-Q - OFFICE PROPERTIES INCOME TRUST | gov-20160630x10q.htm |
GOVERNMENT PROPERTIES INCOME TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)
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Six Months Ended |
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June 30, |
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Year Ended December 31, |
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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Earnings: |
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Add: |
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Income (loss) from continuing operations (including gain on sale of properties, if any) before income tax expense and equity in earnings (losses) of investees |
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$ |
15,191 |
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$ |
(227,990) |
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$ |
42,190 |
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$ |
55,308 |
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$ |
48,903 |
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Distributions of earnings from equity investees |
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17,760 |
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21,882 |
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17,046 |
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— |
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— |
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Fixed charges |
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19,678 |
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37,008 |
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28,048 |
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16,831 |
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16,892 |
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Subtract: |
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Interest capitalized |
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(9) |
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— |
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— |
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— |
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— |
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Total earnings (loss) |
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$ |
52,620 |
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$ |
(169,100) |
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$ |
87,284 |
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$ |
72,139 |
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$ |
65,795 |
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Fixed Charges: |
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Interest on indebtedness and net amortization of debt issuance costs and debt premiums and discounts |
$ |
19,678 |
$ |
37,008 |
$ |
28,048 |
$ |
16,831 |
$ |
16,892 | |||||||||
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Interest capitalized |
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9 |
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— |
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— |
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— |
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— |
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Total fixed charges |
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$ |
19,687 |
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$ |
37,008 |
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$ |
28,048 |
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$ |
16,831 |
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$ |
16,892 |
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Ratio of adjusted earnings (loss) to fixed charges |
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2.7x |
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-4.6x |
(1) |
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3.1x |
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4.3x |
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3.9x |
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(1)The deficiency for the year ended December 31, 2015 was approximately $206.1 million.