Exhibit 12.1
Terreno Realty Corporation
Ratio of Earnings to Fixed Charges
(in thousands)
Ratio of Earnings to Fixed Charges
(in thousands)
Period from | ||||
February 16, 2010 | ||||
(Commencement of | ||||
Operations) to | ||||
December 31, 2010 | ||||
Earnings | ||||
Loss before income taxes | $ | (5,390 | ) | |
Add: | ||||
Fixed charges | 554 | |||
Total Earnings | $ | (4,836 | ) | |
Fixed Charges | ||||
Add: | ||||
Interest expensed | $ | 524 | ||
Estimate of the Interest within rental expense | 30 | |||
Total Fixed Charges | $ | 554 | ||
Ratio of Earnings to Fixed Charges | (a | ) |
(a) | Earnings did not cover fixed charges by $5,390. |