EXHIBIT 12.1

ARDEN REALTY, INC. COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(AMOUNTS IN THOUSANDS, EXCEPT RATIOS)

	ARDEN REALTY, INC.
	For the Years Ended December 31,
	2005			2004			2003			2002			2001
Earnings Available to Cover Fixed Charges:
Net income		65,499			73,775			58,509			70,175			97,759
Add:
Interest Expense(1)		98,429			89,515			93,767			88,516			84,195
Preferred Distributions		—			4,309	(2)		4,312			4,312			4,312
Total Earnings Available to Cover Fixed Charges		163,928			167,599			156,588			163,003			186,266
Fixed Charges:
Interest Expense		98,429			89,515			93,767			88,516			84,195
Interest Capitalized		805			936			2,496			5,646			9,095	(3)
Preferred Distributions		—			4,309	(2)		4,312			4,312			4,312
Total Fixed Charges		99,234			94,760			100,575			98,474			97,602
Ratio of Earnings to Fixed Charges		1.65	x		1.77	x		1.56	x		1.66	x		1.91	x

(1)	Includes interest expense for properties classified as part of “discontinued operations.”
(2)	Includes approximately $1.1 million of original issuance costs written off in conjunction with the redemption of the Preferred OP units on September 28, 2004.
(3)	Includes approximately $2.5 million of interest capitalized on an office property that was classified as part of “discontinued operations” for the year ended December 31, 2001.