Healthcare Realty Trust 8-K Healthcare Realty Trust Announces Pricing of $250 Million Senior Unsecured Notes

Exhibit 12

Healthcare Realty Trust Incorporated

Statement Re: Computation of Ratio of Earnings to Fixed Charges and Preferred Dividends

(Dollars in thousands)

(Unaudited)

	For The Year Ended December 31,
	2008			2009			2010			2011			2012			Proforma Year Ended December 31, 2012
	Restated (1)
Earnings
Consolidated pretax income from continuing operations	$	12,429		$	22,306		$	1,060		$	(2,926	)	$	7,812		$	11,995
Fixed charges		49,704			54,310			77,347			86,008			81,512			77,329
Capitalized interest		(6,679	)		(10,087	)		(10,315	)		(8,531	)		(5,021	)		(5,021	)
Total Earnings	$	55,454		$	66,529			68,092		$	74,551		$	84,303		$	84,303
Fixed charges
Interest expense		41,927			42,953			65,710			76,038			75,053			70,870
Estimated interest in rental expense (2)		1,098			1,270			1,322			1,439			1,438			1,438
Capitalized interest		6,679			10,087			10,315			8,531			5,021			5,021
Total Fixed charges	$	49,704		$	54,310			77,347		$	86,008		$	81,512		$	77,329
Ratio of Earnings to Fixed Charges		1.12			1.22			0.88	(3)		0.87	(4)		1.03			1.09

(1) The years ended December 31, 2011, 2010, 2009 and 2008 have been restated to conform to the December 31, 2012 presentation.

(2) Assumes approximately one-third of rent expense is representative of the interest factor.

(3) For the twelve months ended December 31, 2010, earnings from continuing operations were insufficient to cover fixed charges by $9.3 million.

(4) For the twelve months ended December 31, 2011, earnings from continuing operations were insufficient to cover fixed charges by $11.5 million.