Attached files

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EX-32.3 - EXHIBIT 32.3 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex323.htm
10-Q - 10-Q - CORPORATE OFFICE PROPERTIES TRUSTcopt10q06302016document.htm
EX-32.4 - EXHIBIT 32.4 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex324.htm
EX-32.2 - EXHIBIT 32.2 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex322.htm
EX-32.1 - EXHIBIT 32.1 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex321.htm
EX-31.4 - EXHIBIT 31.4 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex314.htm
EX-31.3 - EXHIBIT 31.3 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex313.htm
EX-31.2 - EXHIBIT 31.2 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex312.htm
EX-31.1 - EXHIBIT 31.1 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex311.htm
EX-12.1 - EXHIBIT 12.1 - CORPORATE OFFICE PROPERTIES TRUSTcopt06302016ex121.htm


EXHIBIT 12.2
Corporate Office Properties, L.P.
Ratio of Earnings to Fixed Charges
(Dollars in thousands)

 
 
Six Months Ended,
Earnings:
 
June 30, 2016
Loss from continuing operations before equity in income of unconsolidated entities and income taxes
 
$
(40,247
)
Fixed charges (from below)
 
49,605

Amortization of capitalized interest
 
1,387

Subtract:
 
 
Capitalized interest (from below)
 
(3,062
)
Preferred distributions of other consolidated entities
 
(8
)
Total earnings
 
$
7,675

 
 
 
Fixed charges:
 
 
Interest expense on continuing operations
 
$
46,198

Capitalized interest (internal and external)
 
3,062

Interest included in rental expense
 
337

Preferred distributions of other consolidated entities
 
8

Total fixed charges
 
$
49,605

 
 
 
Ratio of earnings to fixed charges
 
0.15

 
 
 
Deficiency
 
$
41,930


For purposes of calculating the above ratios, earnings were computed by adding fixed charges (excluding capitalized interest), gain on sales of real estate (excluding discontinued operations) amortization of capitalized interest and distributed income of equity investees to income from continuing operations before noncontrolling interests, equity in income of unconsolidated entities and income taxes. Fixed charges consist of interest costs and capitalized amortization of debt issuance costs.