Attached files
file | filename |
---|---|
10-K - FORM 10-K - LIFE STORAGE, INC. | l38886e10vk.htm |
EX-3.4 - EX-3.4 - LIFE STORAGE, INC. | l38886exv3w4.htm |
EX-21.1 - EX-21.1 - LIFE STORAGE, INC. | l38886exv21w1.htm |
EX-23.1 - EX-23.1 - LIFE STORAGE, INC. | l38886exv23w1.htm |
EX-32.1 - EX-32.1 - LIFE STORAGE, INC. | l38886exv32w1.htm |
EX-10.2 - EX-10.2 - LIFE STORAGE, INC. | l38886exv10w2.htm |
EX-31.1 - EX-31.1 - LIFE STORAGE, INC. | l38886exv31w1.htm |
EX-10.1 - EX-10.1 - LIFE STORAGE, INC. | l38886exv10w1.htm |
EX-10.14 - EX-10.14 - LIFE STORAGE, INC. | l38886exv10w14.htm |
EX-31.2 - EX-31.2 - LIFE STORAGE, INC. | l38886exv31w2.htm |
Exhibit 12.1
Statement Re: Computation of Earnings to
Combined Fixed Charges and Preferred Stock Dividends
Combined Fixed Charges and Preferred Stock Dividends
Year ended December 31, | ||||||||||||||||||||
Amounts in thousands | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||
Earnings: |
||||||||||||||||||||
Income from continuing
operations before
noncontrolling interest in
consolidated subsidiaries and
income from equity investees |
$ | 22,203 | $ | 37,699 | $ | 40,065 | $ | 37,134 | $ | 34,177 | ||||||||||
Fixed charges |
50,050 | 38,097 | 35,117 | 32,006 | 24,352 | |||||||||||||||
Preferred dividend
requirements of consolidated
subsidiaries |
| | (1,256 | ) | (2,512 | ) | (4,123 | ) | ||||||||||||
Earnings (1) |
72,253 | 75,796 | 73,926 | 66,628 | 54,406 | |||||||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
48,847 | 36,905 | 32,898 | 28,501 | 19,439 | |||||||||||||||
Amortization of financing fees |
1,203 | 1,192 | 963 | 993 | 790 | |||||||||||||||
Preferred stock dividends |
| | 1,256 | 2,512 | 4,123 | |||||||||||||||
Fixed charges (2) |
$ | 50,050 | $ | 38,097 | $ | 35,117 | $ | 32,006 | $ | 24,352 | ||||||||||
Ratio of earnings to combined
fixed charges and preferred
stock dividends
(1)/(2) |
1.44 | 1.99 | 2.11 | 2.08 | 2.23 |
1