Exhibit 12

WASHINGTON REAL ESTATE INVESTMENT TRUST

Computation of Ratio of Earnings to Fixed Charges

For the Quarter and Year to Date Ending September 30, 2007

(In thousands)

 

    

Q3

2007

   

Q3

2006

   

YTD

2007

   

YTD

2006

 

Income from continuing operations

   8,498     9,780     25,942     27,262  

Additions:

        

Fixed Charges

        

Interest expense

   15,824     12,527     45,498     34,453  

Capitalized Interest

   1,726     1,038     4,629     2,508  
                        
   17,550     13,565     50,127     36,961  

Deductions:

        

Capitalized Interest

   (1,726 )   (1,038 )   (4,629 )   (2,508 )
                        

Adjusted earnings

   24,322     22,307     71,440     61,715  
                        

Fixed Charges (from above)

   17,550     13,565     50,127     36,961  

Ratio of Earnings to Fixed Charges

   1.39     1.64     1.43     1.67