Exhibit 12

LEXINGTON REALTY TRUST

and Consolidated Subsidiaries

For the years ended December 31,

($000's)

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS

Earnings	2014		2013			2012			2011			2010
Income (loss) before benefit (provision) for income taxes, noncontrolling interests, equity in earnings (losses) of non-consolidated entities, gain on acquisition and discontinued operations	$	48,325	$	(17,687	)	$	(4,356	)	$	(23,341	)	$	(20,308	)
Interest expense	93,297		82,465			81,010			86,995			95,301
Amortization expense - debt cost	4,006		3,427			3,240			3,596			5,083
Cash received from joint ventures	1,381		918			7,498			11,689			4,590
Total	$	147,009	$	69,123		$	87,392		$	78,939		$	84,666
Fixed charges:
Interest expense	$	93,297	$	82,465		$	81,010		$	86,995		$	95,301
Amortization expense - debt cost	4,006		3,427			3,240			3,596			5,083
Capitalized interest expense	3,424		2,327			2,916			1,769			760
Preferred stock dividends	6,290		9,833			20,291			24,507			24,872
Total	$	107,017	$	98,052		$	107,457		$	116,867		$	126,016
Ratio	1.37		N/A			N/A			N/A			N/A

N/A - Ratio is less than 1.0, deficit of $28,929, $20,065, $37,928 and $41,350 exists at December 31, 2013, 2012, 2011 and 2010, respectively.