Attached files
file | filename |
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EX-32.1 - EXHIBIT 32.1 - SELECT INCOME REIT | sir_33118xexhibitx321.htm |
EX-31.2 - EXHIBIT 31.2 - SELECT INCOME REIT | sir_33118xexhibitx312.htm |
EX-31.1 - EXHIBIT 31.1 - SELECT INCOME REIT | sir_33118xexhibitx311.htm |
10-Q - 10-Q - SELECT INCOME REIT | sir_33118x10qxdocument.htm |
Exhibit 12.1
SELECT INCOME REIT
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)
Three Months Ended | Year Ended December 31, | |||||||||||||||||||||||
March 31, 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income from continuing operations (including gains on sales of properties, if any) before income tax expense and equity in earnings of an investee | $ | 37,795 | $ | 66,764 | $ | 116,665 | $ | 75,419 | $ | 105,983 | $ | 92,662 | ||||||||||||
Fixed charges | 23,492 | 92,870 | 82,620 | 73,885 | 12,974 | 13,763 | ||||||||||||||||||
Adjusted earnings | $ | 61,287 | $ | 159,634 | $ | 199,285 | $ | 149,304 | $ | 118,957 | $ | 106,425 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense (including net amortization of debt issuance costs, premiums and discounts) | $ | 23,492 | $ | 92,870 | $ | 82,620 | $ | 73,885 | $ | 12,974 | $ | 13,763 | ||||||||||||
Ratio of Earnings to Fixed Charges | 2.6x | 1.7x | 2.4x | 2.0x | 9.2x | 7.7x |