Exhibit 12
WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratio of Earnings to Fixed Charges
(In thousands)
| Q1 2009 | Q1 2008 | |||||||
| Income from continuing operations attributable to the controlling interest |
$ | 10,434 | $ | (3,856 | ) | |||
| Additions: |
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| Fixed charges |
||||||||
| Interest expense |
19,681 | 18,900 | ||||||
| Capitalized interest |
323 | 831 | ||||||
| 20,004 | 19,731 | |||||||
| Deductions: |
||||||||
| Capitalized interest |
(323 | ) | (831 | ) | ||||
| Adjusted earnings |
$ | 30,115 | $ | 15,044 | ||||
| Fixed Charges (from above) |
$ | 20,004 | $ | 19,731 | ||||
| Ratio of Earnings to Fixed Charges |
1.51 | (a | ) | |||||
| (a) | Due to our loss from continuing operations during the 2008 Quarter, the coverage ratio was less than 1:1. We required additional earnings of $4,687,000 to achieve a coverage of 1:1. The loss in the 2008 Quarter included the impact of the loss on extinguishment of debt of $8,449,000 (See Consolidated Results of Operations in Item 2). |