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

Earnings to fixed charges ratio:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
 
Net income
$
7,847

 
$
31,821

 
$
14,462

 
$
34,200

 
Additions:
 
 
 
 
 
 
 
 
   Fixed charges
 
 
 
 
 
 
 
 
       Interest expense
12,053

 
13,820

 
23,458

 
28,180

 
       Capitalized interest
229

 
165

 
445

 
288

 
 
12,282

 
13,985

 
23,903

 
28,468

 
Deductions:
 
 
 
 
 
 
 
 
       Capitalized interest
(229
)
 
(165
)
 
(445
)
 
(288
)
 
       Net loss attributable to noncontrolling interests
17

 
15

 
36

 
20

 
Adjusted earnings
19,917

 
45,656

 
37,956

 
62,400

 
Fixed charges (from above)
$
12,282

 
$
13,985

 
$
23,903

 
$
28,468

 
Ratio of earnings to fixed charges
1.62

 
3.26

(1) 
1.59

 
2.19

(1) 

(1) The earnings to fixed charges ratios for the three and six months ended June 30, 2016 include gain on sale of real estate of $24.1 million.