EX-12.1 2 exhibit121computationofrat.htm EXHIBIT 12.1 Exhibit 12.1 Computation of Ratio of Earnings to Fixed Charges (2013-06)


Exhibit 12.1

Whitestone REIT
Calculation of Consolidated Ratio of Earnings to Fixed Charges
(dollars in thousands)

 
Six Months
 
 
 
 
 
 
Ended June 30,
 
Year Ended December 31,
 
2013
 
2012
2011
2010
2009
Earnings
 
 
 
 
 
 
Income from continuing operations
$
1,989

 
$
53

$
1,333

$
1,575

$
2,075

Plus: Taxes
137

 
286

225

264

222

Plus: Fixed charges
5,062

 
8,732

6,344

6,040

6,190

   Total earnings
$
7,188

 
$
9,071

$
7,902

$
7,879

$
8,487

 
 
 
 
 
 
 
Fixed charges
 
 
 
 
 
 
Interest expense
5,062

 
8,732

6,344

6,040

6,190

   Total fixed charges
$
5,062

 
$
8,732

$
6,344

$
6,040

$
6,190

 
 
 
 
 
 
 
Ratio of earnings to fixed charges
1.42

 
1.04

1.25

1.30

1.37