Exhibit 12
WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratios
(In thousands)

Earnings to fixed charges ratio:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
 
(Loss) income from continuing operations
$
(2,886
)
 
$
1,368

 
$
26,512

 
$
(897
)
 
Additions:
 
 
 
 
 
 
 
 
   Fixed charges
 
 
 
 
 
 
 
 
       Interest expense
14,700

 
14,985

 
30,048

 
29,515

 
       Capitalized interest
120

 
461

 
459

 
854

 
 
14,820

 
15,446

 
30,507

 
30,369

 
Deductions:
 
 
 
 
 
 
 
 
       Capitalized interest
(120
)
 
(461
)
 
(459
)
 
(854
)
 
       Net loss attributable to noncontrolling interests
340

 
7

 
448

 
7

 
Adjusted earnings
12,154

 
16,360

 
57,008

 
28,625

 
Fixed charges (from above)
$
14,820

 
$
15,446

 
$
30,507

 
$
30,369

 
Ratio of earnings to fixed charges
0.82

(1) 
1.06

 
1.87

 
0.94

(1) 
(1) Due to Washington REIT's loss from continuing operations during the 2015 Quarter and 2014 Period, the earnings to fixed charges ratio was less than 1:1. Washington REIT must generate additional earnings of $2.7 million in the 2015 Quarter and $1.7 million in the 2014 Period to achieve a ratio of 1:1.