UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) September 9, 2013
CORPORATE OFFICE PROPERTIES TRUST
CORPORATE OFFICE PROPERTIES, L.P.
(Exact name of registrant as specified in its charter)
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Corporate Office Properties Trust |
Maryland |
1-14023 |
23-2947217 |
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(State or other jurisdiction of |
(Commission File |
(IRS Employer |
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incorporation or organization) |
Number) |
Identification No.) |
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Corporate Office Properties, L.P. |
Delaware |
333-189188 |
23-2930022 |
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(State or other jurisdiction of |
(Commission File |
(IRS Employer |
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incorporation or organization) |
Number) |
Identification No.) |
6711 Columbia Gateway Drive, Suite 300
Columbia, Maryland 21046
(Address of principal executive offices)
(443) 285-5400
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
Corporate Office Properties Trust and Corporate Office Properties, L.P. (“COPLP”) are filing this Current Report on Form 8-K solely in order to file as an exhibit hereto COPLP’s Statement regarding Computation of Consolidated Ratio of Earnings to Fixed Charges.
Item 9.01 Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired
None
(b) Pro Forma Financial Information
None
(c) Shell Company Transactions
None
(d) Exhibits
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Exhibit Number |
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Exhibit Title |
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12.1 |
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COPLP’s Statement regarding Computation of Consolidated Ratio of Earnings to Fixed Charges. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CORPORATE OFFICE PROPERTIES TRUST |
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CORPORATE OFFICE PROPERTIES, L.P. |
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By: Corporate Office Properties Trust, |
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its General Partner |
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/s/ Stephen E. Riffee |
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/s/ Stephen E. Riffee |
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Stephen E. Riffee |
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Stephen E. Riffee |
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Executive Vice President and Chief Financial Officer |
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Executive Vice President and Chief Financial Officer |
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Dated: |
September 9, 2013 |
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Dated: |
September 9, 2013 |
EXHIBIT 12.1
Corporate Office Properties, L.P. and Subsidiaries
Ratio of Earnings to Fixed Charges
(Dollars in thousands)
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Six Months Ended |
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Earnings: |
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June 30, 2013 |
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Income from continuing operations before equity in income of |
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unconsolidated entities and income taxes |
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8,929 |
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Gain on sales of real estate, excluding |
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discontinued operations |
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2,683 |
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Fixed charges (from below) |
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50,600 |
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Amortization of capitalized interest |
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1,032 |
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Distributed income of equity investees |
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257 |
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Subtract: |
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Capitalized interest (from below) |
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(4,528 |
) | |
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Total earnings |
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$ |
58,973 |
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Fixed charges: |
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Interest expense on continuing operations |
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$ |
45,609 |
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Interest expense on discontinued operations |
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131 |
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Capitalized interest (internal and external) |
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4,528 |
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Amortization of debt issuance costs-capitalized |
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129 |
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Interest included in rental expense |
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203 |
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Total fixed charges |
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$ |
50,600 |
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Ratio of earnings to fixed charges |
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1.17 |
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