Exhibit 12
WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratio of Earnings to Fixed Charges
(In thousands)
Q3 2009 | Q3 2008 | YTD 2009 | YTD 2008 | |||||||||||||
Income from continuing operations |
$ | 4,229 | $ | 3,945 | $ | 20,520 | $ | 3,274 | ||||||||
Additions: |
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Fixed charges |
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Interest expense |
18,224 | 18,447 | 57,221 | 56,187 | ||||||||||||
Capitalized interest |
345 | 477 | 1,003 | 2,049 | ||||||||||||
18,569 | 18,924 | 58,224 | 58,236 | |||||||||||||
Deductions: |
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Capitalized interest |
(345 | ) | (477 | ) | (1,003 | ) | (2,049 | ) | ||||||||
Net income attributable to noncontrolling interests |
(53 | ) | (48 | ) | (154 | ) | (158 | ) | ||||||||
Adjusted earnings |
$ | 22,400 | $ | 22,344 | $ | 77,587 | $ | 59,303 | ||||||||
Fixed Charges (from above) |
$ | 18,569 | $ | 18,924 | $ | 58,224 | $ | 58,236 | ||||||||
Ratio of Earnings to Fixed Charges |
1.21 | 1.18 | 1. 33 | 1.02 |