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 |
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Income from continuing operations |
8,498 | 9,780 | 25,942 | 27,262 | ||||||||
Additions: |
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Fixed Charges |
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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: |
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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 |