Exhibit 12
WASHINGTON REAL ESTATE INVESTMENT TRUST
Computation of Ratio of Earnings to Fixed Charges
For the Period Ended June 30, 2008
(In thousands)
| Q2 2008 | Q2 2007 | YTD 2008 | YTD 2007 | |||||||||||||
| Income from continuing operations |
$ | 5,294 | $ | 6,836 | $ | 2,959 | $ | 16,510 | ||||||||
| Additions: |
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| Fixed charges |
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| Interest expense |
17,582 | 15,298 | 35,246 | 29,682 | ||||||||||||
| Capitalized interest |
671 | 1,643 | 1,429 | 2,903 | ||||||||||||
| 18,253 | 16,941 | 36,675 | 32,585 | |||||||||||||
| Deductions: |
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| Capitalized interest |
(671 | ) | (1,643 | ) | (1,429 | ) | (2,903 | ) | ||||||||
| Adjusted earnings |
$ | 22,876 | $ | 22,134 | $ | 38,205 | $ | 46,192 | ||||||||
| Fixed Charges (from above) |
$ | 18,253 | $ | 16,941 | $ | 36,675 | $ | 32,585 | ||||||||
| Ratio of Earnings to Fixed Charges |
1.25 | 1.31 | 1.04 | 1.42 | ||||||||||||
58