EX-12 2 dex12.htm EXHIBIT 12 Exhibit 12

Exhibit 12

WASHINGTON REAL ESTATE INVESTMENT TRUST

Computation of Ratio of Earnings to Fixed Charges

(In thousands)

 

     Q3 2009     Q3 2008     YTD 2009     YTD 2008  

Income from continuing operations

   $ 4,229      $ 3,945      $ 20,520      $ 3,274   

Additions:

        

Fixed charges

        

Interest expense

     18,224        18,447        57,221        56,187   

Capitalized interest

     345        477        1,003        2,049   
                                
     18,569        18,924        58,224        58,236   

Deductions:

        

Capitalized interest

     (345     (477     (1,003     (2,049

Net income attributable to noncontrolling interests

     (53     (48     (154     (158
                                

Adjusted earnings

   $ 22,400      $ 22,344      $ 77,587      $ 59,303   
                                

Fixed Charges (from above)

   $ 18,569      $ 18,924      $ 58,224      $ 58,236   

Ratio of Earnings to Fixed Charges

     1.21        1.18        1. 33        1.02