Office Properties Income Trust (OPI) 10-Q 2014 Q3 Quarterly report

Exhibit 12.1

GOVERNMENT PROPERTIES INCOME TRUST

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

		Nine Months Ended
		September 30,		Year Ended December 31,
		2014		2013		2012		2011		2010		2009
Pre-tax income from continuing operations before
	equity in earnings of investees	$	34,004	$	55,308	$	48,903	$	42,255	$	24,018	$	22,284
Distributions of earnings from equity investees			10,320		—		—		—		—		—
Fixed charges			18,530		16,831		16,892		12,057		7,351		5,556
Adjusted Earnings		$	62,854	$	72,139	$	65,795	$	54,312	$	31,369	$	27,840
Fixed Charges:
Interest on indebtedness and amortization of deferred
	finance costs and debt discounts	$	18,530	$	16,831	$	16,892	$	12,057	$	7,351	$	5,556
Ratio of earnings to fixed charges			3.4x		4.3x		3.9x		4.5x		4.3x		5.0x