Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - DIGITAL REALTY TRUST, INC. | dlr930201810-q.htm |
| EX-32.4 - EXHIBIT 32.4 - DIGITAL REALTY TRUST, INC. | ex32409302018.htm |
| EX-32.3 - EXHIBIT 32.3 - DIGITAL REALTY TRUST, INC. | ex32309302018.htm |
| EX-32.2 - EXHIBIT 32.2 - DIGITAL REALTY TRUST, INC. | ex32209302018.htm |
| EX-32.1 - EXHIBIT 32.1 - DIGITAL REALTY TRUST, INC. | ex32109302018.htm |
| EX-31.4 - EXHIBIT 31.4 - DIGITAL REALTY TRUST, INC. | ex31409302018.htm |
| EX-31.3 - EXHIBIT 31.3 - DIGITAL REALTY TRUST, INC. | ex31309302018.htm |
| EX-31.2 - EXHIBIT 31.2 - DIGITAL REALTY TRUST, INC. | ex31209302018.htm |
| EX-31.1 - EXHIBIT 31.1 - DIGITAL REALTY TRUST, INC. | ex31109302018.htm |
Exhibit 12.1
Digital Realty Trust, Inc. and Subsidiaries
Statement of Computation of Ratios
(in thousands, except ratios)
Nine Months Ended September 30, | Year Ended December 31, | |||||||||||||||||||||||||||
2018 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||||||
Income from continuing operations before noncontrolling interests | $ | 288,518 | $ | 176,609 | $ | 256,267 | $ | 431,852 | $ | 301,591 | $ | 203,415 | $ | 320,449 | ||||||||||||||
Interest expense | 236,646 | 184,653 | 258,642 | 236,480 | 201,435 | 191,085 | 189,399 | |||||||||||||||||||||
Interest within rental expense (1) | 20,908 | 21,647 | 27,490 | 27,879 | 8,208 | 5,393 | 7,687 | |||||||||||||||||||||
Noncontrolling interests in consolidated joint ventures | 49 | (353 | ) | (4,238 | ) | (367 | ) | (460 | ) | (465 | ) | (595 | ) | |||||||||||||||
Earnings available to cover fixed charges | $ | 546,121 | $ | 382,556 | $ | 538,161 | $ | 695,844 | $ | 510,774 | $ | 399,428 | $ | 516,940 | ||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 236,646 | $ | 184,653 | $ | 258,642 | $ | 236,480 | $ | 201,435 | $ | 191,085 | $ | 189,399 | ||||||||||||||
Interest within rental expense (1) | 20,908 | 21,647 | 27,490 | 27,879 | 8,208 | 5,393 | 7,687 | |||||||||||||||||||||
Capitalized interest | 25,274 | 13,669 | 21,714 | 16,324 | 12,851 | 20,373 | 26,277 | |||||||||||||||||||||
Total fixed charges | 282,828 | 219,969 | 307,846 | 280,683 | 222,494 | 216,851 | 223,363 | |||||||||||||||||||||
Preferred stock dividends | 60,987 | 46,268 | 68,802 | 83,771 | 79,423 | 67,465 | 42,905 | |||||||||||||||||||||
Fixed charges and preferred stock dividends | $ | 343,815 | $ | 266,237 | $ | 376,648 | $ | 364,454 | $ | 301,917 | $ | 284,316 | $ | 266,268 | ||||||||||||||
Ratio of earnings to fixed charges | 1.93 | 1.74 | 1.75 | 2.48 | 2.30 | 1.84 | 2.31 | |||||||||||||||||||||
Ratio of earnings to fixed charges and preferred stock dividends | 1.59 | 1.44 | 1.43 | 1.91 | 1.69 | 1.40 | 1.94 | |||||||||||||||||||||
(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)
Nine Months Ended September 30, | Year Ended December 31, | |||||||||||||||||||||||||||
2018 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||||||
Income from continuing operations before noncontrolling interests | $ | 288,518 | $ | 176,609 | $ | 256,267 | $ | 431,852 | $ | 300,226 | $ | 203,415 | $ | 320,449 | ||||||||||||||
Interest expense | 236,646 | 184,653 | 258,642 | 236,480 | 202,800 | 191,085 | 189,399 | |||||||||||||||||||||
Interest within rental expense (1) | 20,908 | 21,647 | 27,490 | 27,879 | 8,208 | 5,393 | 7,687 | |||||||||||||||||||||
Noncontrolling interests in consolidated joint ventures | 49 | (353 | ) | (4,238 | ) | (367 | ) | (460 | ) | (465 | ) | (595 | ) | |||||||||||||||
Earnings available to cover fixed charges | $ | 546,121 | $ | 382,556 | $ | 538,161 | $ | 695,844 | $ | 510,774 | $ | 399,428 | $ | 516,940 | ||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||
Interest expense | $ | 236,646 | $ | 184,653 | $ | 258,642 | $ | 236,480 | $ | 202,800 | $ | 191,085 | $ | 189,399 | ||||||||||||||
Interest within rental expense (1) | 20,908 | 21,647 | 27,490 | 27,879 | 8,208 | 5,393 | 7,687 | |||||||||||||||||||||
Capitalized interest | 25,274 | 13,669 | 21,714 | 16,324 | 12,851 | 20,373 | 26,277 | |||||||||||||||||||||
Total fixed charges | 282,828 | 219,969 | 307,846 | 280,683 | 223,859 | 216,851 | 223,363 | |||||||||||||||||||||
Preferred unit distributions | 60,987 | 46,268 | 68,802 | 83,771 | 79,423 | 67,465 | 42,905 | |||||||||||||||||||||
Fixed charges and preferred unit distributions | $ | 343,815 | $ | 266,237 | $ | 376,648 | $ | 364,454 | $ | 303,282 | $ | 284,316 | $ | 266,268 | ||||||||||||||
Ratio of earnings to fixed charges | 1.93 | 1.74 | 1.75 | 2.48 | 2.28 | 1.84 | 2.31 | |||||||||||||||||||||
Ratio of earnings to fixed charges and preferred unit distributions | 1.59 | 1.44 | 1.43 | 1.91 | 1.68 | 1.40 | 1.94 | |||||||||||||||||||||
(1) | Interest within rental expense represents one-third of rental expense (the approximate portion of rental expense representing interest). |