Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - DIGITAL REALTY TRUST, INC. | ex101millsemploymentagreem.htm |
| EX-32.1 - EXHIBIT 32.1 - DIGITAL REALTY TRUST, INC. | ex32103312017.htm |
| EX-32.4 - EXHIBIT 32.4 - DIGITAL REALTY TRUST, INC. | ex32403312017.htm |
| EX-32.3 - EXHIBIT 32.3 - DIGITAL REALTY TRUST, INC. | ex32303312017.htm |
| EX-32.2 - EXHIBIT 32.2 - DIGITAL REALTY TRUST, INC. | ex32203312017.htm |
| EX-31.4 - EXHIBIT 31.4 - DIGITAL REALTY TRUST, INC. | ex31403312017.htm |
| EX-31.3 - EXHIBIT 31.3 - DIGITAL REALTY TRUST, INC. | ex31303312017.htm |
| EX-31.2 - EXHIBIT 31.2 - DIGITAL REALTY TRUST, INC. | ex31203312017.htm |
| EX-31.1 - EXHIBIT 31.1 - DIGITAL REALTY TRUST, INC. | ex31103312017.htm |
| 10-Q - 10-Q - DIGITAL REALTY TRUST, INC. | dlr331201710-q.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, | |||||||||||||||||||||||||||
2017 | 2016 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||||||
Income from continuing operations before noncontrolling interests | $ | 84,563 | $ | 62,333 | $ | 431,852 | $ | 301,591 | $ | 203,415 | $ | 320,449 | $ | 216,047 | ||||||||||||||
Interest expense | 55,450 | 57,261 | 236,480 | 201,435 | 191,085 | 189,399 | 157,108 | |||||||||||||||||||||
Interest within rental expense (1) | 7,215 | 6,895 | 27,879 | 8,208 | 5,393 | 7,687 | 3,410 | |||||||||||||||||||||
Noncontrolling interests in consolidated joint ventures | (121 | ) | (121 | ) | (367 | ) | (460 | ) | (465 | ) | (595 | ) | 444 | |||||||||||||||
Earnings available to cover fixed charges | $ | 147,107 | $ | 126,368 | $ | 695,844 | $ | 510,774 | $ | 399,428 | $ | 516,940 | $ | 377,009 | ||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 55,450 | $ | 57,261 | $ | 236,480 | $ | 201,435 | $ | 191,085 | $ | 189,399 | $ | 157,108 | ||||||||||||||
Interest within rental expense (1) | 7,215 | 6,895 | 27,879 | 8,208 | 5,393 | 7,687 | 3,410 | |||||||||||||||||||||
Capitalized interest | 4,614 | 3,814 | 16,324 | 12,851 | 20,373 | 26,277 | 21,456 | |||||||||||||||||||||
Total fixed charges | 67,279 | 67,970 | 280,683 | 222,494 | 216,851 | 223,363 | 181,974 | |||||||||||||||||||||
Preferred stock dividends | 17,393 | 22,424 | 83,771 | 79,423 | 67,465 | 42,905 | 38,672 | |||||||||||||||||||||
Fixed charges and preferred stock dividends | $ | 84,672 | $ | 90,394 | $ | 364,454 | $ | 301,917 | $ | 284,316 | $ | 266,268 | $ | 220,646 | ||||||||||||||
Ratio of earnings to fixed charges | 2.19 | 1.86 | 2.48 | 2.30 | 1.84 | 2.31 | 2.07 | |||||||||||||||||||||
Ratio of earnings to fixed charges and preferred stock dividends | 1.74 | 1.40 | 1.91 | 1.69 | 1.40 | 1.94 | 1.71 | |||||||||||||||||||||
(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, | |||||||||||||||||||||||||||
2017 | 2016 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||||||
Income from continuing operations before noncontrolling interests | $ | 84,563 | $ | 62,333 | $ | 431,852 | $ | 300,226 | $ | 203,415 | $ | 320,449 | $ | 216,047 | ||||||||||||||
Interest expense | 55,450 | 57,261 | 236,480 | 202,800 | 191,085 | 189,399 | 157,108 | |||||||||||||||||||||
Interest within rental expense (1) | 7,215 | 6,895 | 27,879 | 8,208 | 5,393 | 7,687 | 3,410 | |||||||||||||||||||||
Noncontrolling interests in consolidated joint ventures | (121 | ) | (121 | ) | (367 | ) | (460 | ) | (465 | ) | (595 | ) | 444 | |||||||||||||||
Earnings available to cover fixed charges | $ | 147,107 | $ | 126,368 | $ | 695,844 | $ | 510,774 | $ | 399,428 | $ | 516,940 | $ | 377,009 | ||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 55,450 | $ | 57,261 | $ | 236,480 | $ | 202,800 | $ | 191,085 | $ | 189,399 | $ | 157,108 | ||||||||||||||
Interest within rental expense (1) | 7,215 | 6,895 | 27,879 | 8,208 | 5,393 | 7,687 | 3,410 | |||||||||||||||||||||
Capitalized interest | 4,614 | 3,814 | 16,324 | 12,851 | 20,373 | 26,277 | 21,456 | |||||||||||||||||||||
Total fixed charges | 67,279 | 67,970 | 280,683 | 223,859 | 216,851 | 223,363 | 181,974 | |||||||||||||||||||||
Preferred unit distributions | 17,393 | 22,424 | 83,771 | 79,423 | 67,465 | 42,905 | 38,672 | |||||||||||||||||||||
Fixed charges and preferred unit distributions | $ | 84,672 | $ | 90,394 | $ | 364,454 | $ | 303,282 | $ | 284,316 | $ | 266,268 | $ | 220,646 | ||||||||||||||
Ratio of earnings to fixed charges | 2.19 | 1.86 | 2.48 | 2.28 | 1.84 | 2.31 | 2.07 | |||||||||||||||||||||
Ratio of earnings to fixed charges and preferred unit distributions | 1.74 | 1.40 | 1.91 | 1.68 | 1.40 | 1.94 | 1.71 | |||||||||||||||||||||
(1) | Interest within rental expense represents one-third of rental expense (the approximate portion of rental expense representing interest). |