LEXINGTON REALTY TRUST - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - February 28, 2017

Attached files

file filename
EX-32.4 - EXHIBIT 32.4 - LEXINGTON REALTY TRUSTex324cfocertificationlcif2.htm
EX-32.3 - EXHIBIT 32.3 - LEXINGTON REALTY TRUSTex323ceocertificationlcif2.htm
EX-32.2 - EXHIBIT 32.2 - LEXINGTON REALTY TRUSTex322cfocertificationlxp20.htm
EX-32.1 - EXHIBIT 32.1 - LEXINGTON REALTY TRUSTex321ceocertificationlxp20.htm
EX-31.4 - EXHIBIT 31.4 - LEXINGTON REALTY TRUSTex314cfocertificationlcif2.htm
EX-31.3 - EXHIBIT 31.3 - LEXINGTON REALTY TRUSTex313ceocertificationlcif2.htm
EX-31.2 - EXHIBIT 31.2 - LEXINGTON REALTY TRUSTex312cfocertificationlxp20.htm
EX-31.1 - EXHIBIT 31.1 - LEXINGTON REALTY TRUSTex311ceocertificationlxp20.htm
EX-23 - EXHIBIT 23 - LEXINGTON REALTY TRUSTex23kpmgconsentlxp2016v2.htm
EX-21 - EXHIBIT 21 - LEXINGTON REALTY TRUSTex21listofsubsidiaries2016.htm
EX-12.2 - EXHIBIT 12.2 - LEXINGTON REALTY TRUSTex122ratioofearningslcif20.htm
EX-10.17 - EXHIBIT 10.17 - LEXINGTON REALTY TRUSTex1017nonvestedshareagreem.htm
10-K - 10-K - LEXINGTON REALTY TRUSTlxplcif2016123110kv2.htm

Exhibit 12.1

LEXINGTON REALTY TRUST
and Consolidated Subsidiaries
For the years ended December 31,
($000's)
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS

Earnings
 
2016
 
2015
 
2014
 
2013
 
2012
Income (loss) before provision for income taxes, noncontrolling interests, equity in earnings (losses) of non-consolidated entities, gain on acquisition and discontinued operations
 
$
90,299

 
$
112,025

 
$
48,325

 
$
(17,687
)
 
$
(4,356
)
Interest expense
 
83,957

 
85,549

 
93,297

 
82,465

 
81,010

Amortization expense - debt cost
 
4,075

 
4,190

 
4,006

 
3,427

 
3,240

Cash received from joint ventures
 
815

 
2,056

 
1,381

 
918

 
7,498

Total
 
$
179,146

 
$
203,820

 
$
147,009

 
$
69,123

 
$
87,392

 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense
 
$
83,957

 
$
85,549

 
$
93,297

 
$
82,465

 
$
81,010

Amortization expense - debt cost
 
4,075

 
4,190

 
4,006

 
3,427

 
3,240

Capitalized interest expense
 
4,933

 
6,062

 
3,424

 
2,327

 
2,916

Preferred stock dividends
 
6,290

 
6,290

 
6,290

 
9,833

 
20,291

Total
 
$
99,255

 
$
102,091

 
$
107,017

 
$
98,052

 
$
107,457

 
 
 
 
 
 
 
 
 
 
 
Ratio
 
1.80

 
2.00

 
1.37

 
N/A

 
N/A



N/A - Ratio is less than 1.0, deficit of $28,929 and $20,065 exists at December 31, 2013 and 2012, respectively.



Stock widget

Investing forum

LEXINGTON REALTY TRUST Reports