EX-12.1 5 f59050exv12w1.htm EX-12.1

exv12w1

Exhibit 12.1

Terreno Realty Corporation
Ratio of Earnings to Fixed Charges
(in thousands)

		Period from
		February 16, 2010
		(Commencement of
		Operations) to
		December 31, 2010
Earnings
Loss before income taxes		$	(5,390	)
Add:
Fixed charges			554
Total Earnings		$	(4,836	)
Fixed Charges
Add:
Interest expensed		$	524
Estimate of the Interest within rental expense			30
Total Fixed Charges		$	554
Ratio of Earnings to Fixed Charges			(a	)

(a) Earnings did not cover fixed charges by $5,390.