LEXINGTON REALTY TRUST - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - February 27, 2018

Attached files

file	filename
EX-32.4 - EXHIBIT 32.4 - LEXINGTON REALTY TRUST	ex324cfocertificationlcif2.htm
EX-32.3 - EXHIBIT 32.3 - LEXINGTON REALTY TRUST	ex323ceocertificationlcif2.htm
EX-32.2 - EXHIBIT 32.2 - LEXINGTON REALTY TRUST	ex322cfocertificationlxp20.htm
EX-32.1 - EXHIBIT 32.1 - LEXINGTON REALTY TRUST	ex321ceocertificationlxp20.htm
EX-31.4 - EXHIBIT 31.4 - LEXINGTON REALTY TRUST	ex314cfocertificationlcif2.htm
EX-31.3 - EXHIBIT 31.3 - LEXINGTON REALTY TRUST	ex313ceocertificationlcif2.htm
EX-31.2 - EXHIBIT 31.2 - LEXINGTON REALTY TRUST	ex312cfocertificationlxp20.htm
EX-31.1 - EXHIBIT 31.1 - LEXINGTON REALTY TRUST	ex311ceocertificationlxp20.htm
EX-23.4 - EXHIBIT 23.4 - LEXINGTON REALTY TRUST	ex234kpmgconsentlcif2017.htm
EX-23.3 - EXHIBIT 23.3 - LEXINGTON REALTY TRUST	ex233kpmgconsentlxp2017.htm
EX-23.2 - EXHIBIT 23.2 - LEXINGTON REALTY TRUST	ex232deloitteconsentlcif20.htm
EX-23.1 - EXHIBIT 23.1 - LEXINGTON REALTY TRUST	ex231deloitteconsentlxp2017.htm
EX-21 - EXHIBIT 21 - LEXINGTON REALTY TRUST	ex21listofsubsidiaries2017.htm
EX-12.2 - EXHIBIT 12.2 - LEXINGTON REALTY TRUST	ex122ratioofearningslcif20.htm
10-K - 10-K - LEXINGTON REALTY TRUST	lxplcif2017123110k.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 SHARE DIVIDENDS



Earnings		2017				2016				2015				2014				2013
Income (loss) before provision for income taxes, noncontrolling interests, equity in earnings (losses) of non-consolidated entities and discontinued operations		$	89,394			$	90,299			$	112,025			$	48,325			$	(17,687	)
Interest expense		74,184				83,957				85,549				93,297				82,465
Amortization expense - debt cost		3,699				4,075				4,190				4,006				3,427
Cash received from joint ventures		403				815				2,056				1,381				918
Total		$	167,680			$	179,146			$	203,820			$	147,009			$	69,123

Fixed charges:
Interest expense		$	74,184			$	83,957			$	85,549			$	93,297			$	82,465
Amortization expense - debt cost		3,699				4,075				4,190				4,006				3,427
Capitalized interest expense		1,174				4,933				6,062				3,424				2,327
Preferred share dividends		6,290				6,290				6,290				6,290				9,833
Total		$	85,347			$	99,255			$	102,091			$	107,017			$	98,052

Ratio		1.96				1.80				2.00				1.37				N/A

N/A - Ratio is less than 1.0, deficit of $28,929 at December 31, 2013.