Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Whitestone REIT | exhibit322certificationofc.htm |
| EX-32.1 - EXHIBIT 32.1 - Whitestone REIT | exhibit321certificationofc.htm |
| EX-31.2 - EXHIBIT 31.2 - Whitestone REIT | exhibit312certificationofc.htm |
| EX-31.1 - EXHIBIT 31.1 - Whitestone REIT | exhibit311certificationofc.htm |
| 10-Q - 10-Q - Whitestone REIT | wsr10-q2017x09.htm |
Exhibit 12.1
Whitestone REIT
Calculation of Consolidated Ratio of Earnings to Fixed Charges
(dollars in thousands)
Nine Months Ended | |||||||||||||||||||
September 30, | Year Ended December 31, | ||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
Earnings | |||||||||||||||||||
Income (loss) from continuing operations | $ | 6,841 | $ | 8,128 | $ | 6,854 | $ | 5,349 | $ | 3,621 | $ | (165 | ) | ||||||
Plus: Taxes | 296 | 289 | 372 | 282 | 293 | 275 | |||||||||||||
Plus: Fixed charges | 17,763 | 20,189 | 15,122 | 10,672 | 10,089 | 9,084 | |||||||||||||
Total earnings | $ | 24,900 | $ | 28,606 | $ | 22,348 | $ | 16,303 | $ | 14,003 | $ | 9,194 | |||||||
Fixed charges | |||||||||||||||||||
Interest expense | $ | 16,508 | $ | 18,311 | $ | 13,804 | $ | 9,680 | $ | 8,929 | $ | 7,482 | |||||||
Plus: Capitalized Interest | 302 | 324 | 106 | 93 | 114 | 176 | |||||||||||||
Plus: Amortization of deferred financing costs | 953 | 1,554 | 1,212 | 899 | 1,046 | 1,426 | |||||||||||||
Total fixed charges | $ | 17,763 | $ | 20,189 | $ | 15,122 | $ | 10,672 | $ | 10,089 | $ | 9,084 | |||||||
Ratio of earnings to fixed charges | 1.40 | 1.42 | 1.48 | 1.53 | 1.39 | 1.01 | |||||||||||||