Attached files

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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
                                         
    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  

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