Exhibit 12
WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratios
(In thousands)

Earnings to fixed charges ratio:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
 
Net income
$
79,662

 
$
580

 
$
113,862

 
$
27,092

 
Additions:
 
 
 
 
 
 
 
 
   Fixed charges
 
 
 
 
 
 
 
 
       Interest expense
13,173

 
14,486

 
41,353

 
44,534

 
       Capitalized interest
188

 
96

 
476

 
555

 
 
13,361

 
14,582

 
41,829

 
45,089

 
Deductions:
 
 
 
 
 
 
 
 
       Capitalized interest
(188
)
 
(96
)
 
(476
)
 
(555
)
 
       Net loss attributable to noncontrolling interests
12

 
67

 
32

 
515

 
Adjusted earnings
92,847

 
15,133

 
155,247

 
72,141

 
Fixed charges (from above)
$
13,361

 
$
14,582

 
$
41,829

 
$
45,089

 
Ratio of earnings to fixed charges
6.95

(1) 
1.04

 
3.71

(1) 
1.60

(2) 

(1) The earnings to fixed charges ratios for the three and nine months ended ended September 30, 2016 include gains on sale of real estate of $77.6 million and $101.7 million, respectively.

(2) The earnings to fixed charges ratio for the nine months ended September 30, 2015 includes gains on sale of real estate of $31.7 million.