Attached files
file | filename |
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10-Q - 10-Q - SELECT INCOME REIT | sir_93017x10qxdocument.htm |
EX-31.1 - EXHIBIT 31.1 - SELECT INCOME REIT | sir_93017xexhibitx311.htm |
EX-31.2 - EXHIBIT 31.2 - SELECT INCOME REIT | sir_93017xexhibitx312.htm |
EX-31.4 - EXHIBIT 31.4 - SELECT INCOME REIT | sir_93017xexhibitx314.htm |
EX-31.3 - EXHIBIT 31.3 - SELECT INCOME REIT | sir_93017xexhibitx313.htm |
EX-32.1 - EXHIBIT 32.1 - SELECT INCOME REIT | sir_93017xexhibitx321.htm |
Exhibit 12.1
SELECT INCOME REIT
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratios)
Nine Months Ended | Year Ended December 31, | ||||||||||||||||||||||
September 30, 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||
Earnings: | |||||||||||||||||||||||
Income from continuing operations (including gains on sales of properties, if any) before income tax expense and equity in earnings of an investee | $ | 64,662 | $ | 116,665 | $ | 75,419 | $ | 105,983 | $ | 92,662 | $ | 65,896 | |||||||||||
Fixed charges | 68,278 | 82,620 | 73,885 | 12,974 | 13,763 | 7,565 | |||||||||||||||||
Adjusted earnings | $ | 132,940 | $ | 199,285 | $ | 149,304 | $ | 118,957 | $ | 106,425 | $ | 73,461 | |||||||||||
Fixed charges: | |||||||||||||||||||||||
Interest expense (including net amortization of debt issuance costs, premiums and discounts) | $ | 68,278 | $ | 82,620 | $ | 73,885 | $ | 12,974 | $ | 13,763 | $ | 7,565 | |||||||||||
Ratio of Earnings to Fixed Charges | 1.9x | 2.4x | 2.0x | 9.2x | 7.7x | 9.7x |