Exhibit 12.1
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
Healthcare Trust of America, Inc.
| Year Ended December 31,(1) | ||||||||||||||||||||
| (Dollars in thousands) | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Earnings | ||||||||||||||||||||
Pretax income related to continuing operations before adjustments for income or loss from equity investees | $ | 65,577 | $ | 47,345 | $ | 33,557 | $ | 45,994 | $ | 24,684 | ||||||||||
Fixed charges | 90,171 | 64,860 | 60,419 | 59,124 | 53,865 | |||||||||||||||
Noncontrolling interest inpre-tax income of subsidiaries that have not incurred fixed charges | (1,661 | ) | (1,433 | ) | (626 | ) | (623 | ) | (423 | ) | ||||||||||
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Earnings available for fixed charges | $ | 154,087 | $ | 110,772 | $ | 93,350 | $ | 104,495 | $ | 78,126 | ||||||||||
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Fixed charges | ||||||||||||||||||||
Interest expense | $ | 82,159 | $ | 58,909 | $ | 54,978 | $ | 53,898 | $ | 48,615 | ||||||||||
Amortized premiums, discounts or capitalized expense related to indebtedness | 4,216 | 3,104 | 3,128 | 3,591 | 3,801 | |||||||||||||||
Estimate of interest within rental expenses | 3,796 | 2,847 | 2,313 | 1,635 | 1,449 | |||||||||||||||
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Total fixed charges | $ | 90,171 | $ | 64,860 | $ | 60,419 | $ | 59,124 | $ | 53,865 | ||||||||||
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Ratio of earnings to fixed charges | 1.71 | 1.71 | 1.55 | 1.77 | 1.45 | |||||||||||||||
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| (1) | We restated the information for the year ended December 31, 2013 to conform to our 2014 presentation. The results of operations of the property that was previously classified as held for sale has been reclassified out of discontinued operations for the period ended 2013. |
Healthcare Trust of America Holdings, LP
| Year Ended December 31,(1) | ||||||||||||||||||||
| (Dollars in thousands) | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Earnings | ||||||||||||||||||||
Pretax income related to continuing operations before adjustments for income or loss from equity investees | $ | 65,577 | $ | 47,345 | $ | 33,557 | $ | 45,994 | $ | 24,684 | ||||||||||
Fixed charges | 90,171 | 64,860 | 60,419 | 59,124 | 53,865 | |||||||||||||||
Noncontrolling interest inpre-tax income of subsidiaries that have not incurred fixed charges | (123 | ) | (118 | ) | (112 | ) | (133 | ) | (51 | ) | ||||||||||
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Earnings available for fixed charges | $ | 155,625 | $ | 112,087 | $ | 93,864 | $ | 104,985 | $ | 78,498 | ||||||||||
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Fixed charges | ||||||||||||||||||||
Interest expense | $ | 82,159 | $ | 58,909 | $ | 54,978 | $ | 53,898 | $ | 48,615 | ||||||||||
Amortized premiums, discounts or capitalized expense related to indebtedness | 4,216 | 3,104 | 3,128 | 3,591 | 3,801 | |||||||||||||||
Estimate of interest within rental expenses | 3,796 | 2,847 | 2,313 | 1,635 | 1,449 | |||||||||||||||
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Total fixed charges | $ | 90,171 | $ | 64,860 | $ | 60,419 | $ | 59,124 | $ | 53,865 | ||||||||||
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Ratio of earnings to fixed charges | 1.73 | 1.73 | 1.55 | 1.78 | 1.46 | |||||||||||||||
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| (1) | We restated the information for the year ended December 31, 2013 to conform to our 2014 presentation. The results of operations of the property that was previously classified as held for sale has been reclassified out of discontinued operations for the period ended 2013. |