Attached files
file | filename |
---|---|
10-Q - CapLease, Inc. | v165043_10q.htm |
EX-32.2 - CapLease, Inc. | v165043_ex32-2.htm |
EX-32.1 - CapLease, Inc. | v165043_ex32-1.htm |
EX-31.2 - CapLease, Inc. | v165043_ex31-2.htm |
EX-31.1 - CapLease, Inc. | v165043_ex31-1.htm |
CapLease,
Inc. and Subsidiaries
Ratio
of Earnings to Fixed Charges
(dollars in thousands)
|
For the Three Months Ended
September 30,
|
For the nine Months Ended
September 30
|
||||||||||||||
2009
|
2008
|
2009
|
2008
|
|||||||||||||
Earnings:
|
||||||||||||||||
Net
income
|
$ | (3,373 | ) | $ | (1,488 | ) | $ | (639 | ) | $ | (3,860 | ) | ||||
Interest
expense
|
22,386 | 24,734 | 68,120 | 73,657 | ||||||||||||
Portion
of rental expense representing interest
|
44 | 53 | 140 | 165 | ||||||||||||
Total
earnings
|
$ | 19,057 | $ | 23,299 | $ | 67,621 | $ | 69,962 | ||||||||
Fixed
Charges:
|
||||||||||||||||
Interest
expense
|
$ | 22,386 | $ | 24,734 | $ | 68,120 | $ | 73,657 | ||||||||
Portion
of rental expense representing interest
|
44 | 53 | 140 | 165 | ||||||||||||
Total
|
$ | 22,430 | $ | 24,787 | $ | 68,260 | $ | 73,822 | ||||||||
Ratio
of Earnings to Fixed Charges
|
0.85 | 0.94 | 0.99 | 0.95 |
CapLease,
Inc. and Subsidiaries
Ratio
of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(dollars in thousands)
|
Three Months Ended June 30,
|
For the Six Months Ended June 30
|
||||||||||||||
2009
|
2008
|
2009
|
2008
|
|||||||||||||
Earnings:
|
||||||||||||||||
Net
income
|
$ | (3,373 | ) | $ | (1,488 | ) | $ | (639 | ) | $ | (3,860 | ) | ||||
Interest
expense
|
22,386 | 24,734 | 68,120 | 73,657 | ||||||||||||
Portion
of rental expense representing interest
|
44 | 53 | 140 | 165 | ||||||||||||
Total
earnings
|
$ | 19,057 | $ | 23,299 | $ | 67,621 | $ | 69,962 | ||||||||
Combined
Fixed Charges and Preference Dividends:
|
||||||||||||||||
Interest
expense
|
$ | 22,386 | $ | 24,734 | $ | 68,120 | $ | 73,657 | ||||||||
Portion
of rental expense representing interest
|
44 | 53 | 140 | 165 | ||||||||||||
Preferred
Stock Dividends
|
711 | 711 | 2,133 | 2,133 | ||||||||||||
Total
|
$ | 23,141 | $ | 25,498 | $ | 70,393 | $ | 75,955 | ||||||||
Ratio
of Earnings to Combined Fixed Charges and Preferred Stock
Dividends
|
0.82 | 0.91 | 0.96 | 0.92 |