Exhibit 12

WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratios
(In thousands)

Earnings to fixed charges ratio:
 
Three Months Ended December 31,
 
Year Ended December 31,
 
 
2015
 
2015
 
2014
 
2013
 
2012
 
2011
 
Income (loss) from continuing operations
$
62,095

 
$
89,187

 
$
5,070

 
$
(193
)
 
$
7,768

 
$
(14,389
)
 
Additions:
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
15,012

 
59,546

 
59,785

 
63,573

 
60,627

 
61,402

 
Capitalized interest
103

 
658

 
2,142

 
1,236

 
1,688

 
738

 
 
15,115

 
60,204

 
61,927

 
64,809

 
62,315

 
62,140

 
Deductions:
 
 
 
 
 
 
 
 
 
 
 
 
Capitalized interest
(103
)
 
(658
)
 
(2,142
)
 
(1,236
)
 
(1,688
)
 
(738
)
 
Net loss (income) attributable to noncontrolling interests
38

 
553

 
38

 
—

 
—

 
(494
)
 
Adjusted earnings
$
77,145

 
$
149,286

 
$
64,893

 
$
63,380

 
$
68,395

 
$
46,519

 
Fixed charges (from above)
$
15,115

 
$
60,204

 
$
61,927

 
$
64,809

 
$
62,315

 
$
62,140

 
Ratio of earnings to fixed charges
5.10

(1) 
2.48

(1) 
1.05

 
0.98

(2) 
1.10

 
0.75

(3) 

(1) The earnings to fixed charges ratio for the three and twelve months ended December 31, 2015 includes gains on sale of real estate of $59.4 million and $91.1 million, respectively, classified as continuing operations. Prior to our adoption of Accounting Standards Update 2014-08 effective January1, 2014, gains from the sale of real estate were classified as discontinued operations.
(2) Due to the loss from continuing operations, the ratio was less than 1:1. Washington REIT must generate additional earnings of $1,429 to achieve a ratio of 1:1.
(3) Due to the loss from continuing operations, the ratio was less than 1:1. Washington REIT must generate additional earnings of $15,621 to achieve a ratio of 1:1.