Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - EQUITY ONE, INC. | g25711e8vk.htm |
| EX-3.1 - EX-3.1 - EQUITY ONE, INC. | g25711exv3w1.htm |
| EX-5.1 - EX-5.1 - EQUITY ONE, INC. | g25711exv5w1.htm |
| EX-3.2 - EX-3.2 - EQUITY ONE, INC. | g25711exv3w2.htm |
| EX-10.3 - EX-10.3 - EQUITY ONE, INC. | g25711exv10w3.htm |
| EX-10.2 - EX-10.2 - EQUITY ONE, INC. | g25711exv10w2.htm |
| EX-10.1 - EX-10.1 - EQUITY ONE, INC. | g25711exv10w1.htm |
| EX-99.1 - EX-99.1 - EQUITY ONE, INC. | g25711exv99w1.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
For Period Ended September 30, 2010
(in thousands, except ratio computation)
For Period Ended September 30, 2010
(in thousands, except ratio computation)
| September 30, | Year ended December 31, | |||||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
Pretax income from continuing operations before adjustment for
noncontrolling interest |
$ | 11,484 | $ | 68,299 | $ | 35,070 | $ | 48,302 | $ | 53,586 | $ | 58,943 | ||||||||||||
Adjustments |
||||||||||||||||||||||||
Equity in loss in unconsolidated joint ventures |
(147 | ) | 88 | (108 | ) | — | (1,853 | ) | — | |||||||||||||||
Fixed charges |
61,406 | 76,400 | 65,414 | 71,986 | 62,846 | 56,849 | ||||||||||||||||||
Distributed income of equity investees |
63 | 371 | 170 | — | 3,308 | (12 | ) | |||||||||||||||||
Capitalized interest |
(1,668 | ) | (1,430 | ) | (2,934 | ) | (3,194 | ) | (5,820 | ) | (3,354 | ) | ||||||||||||
Earnings as Defined |
$ | 71,138 | $ | 143,728 | $ | 97,612 | $ | 117,094 | $ | 112,067 | $ | 112,426 | ||||||||||||
Fixed Charges |
||||||||||||||||||||||||
Interest expense |
$ | 56,197 | $ | 71,229 | $ | 62,752 | $ | 69,209 | $ | 58,812 | $ | 57,142 | ||||||||||||
Capitalized interest |
1,668 | 1,430 | 2,934 | 3,194 | 5,820 | 3,354 | ||||||||||||||||||
Amortization of debt premiums |
2,162 | 2,221 | (1,901 | ) | (2,101 | ) | (3,289 | ) | (5,159 | ) | ||||||||||||||
Amortization of loan fees |
1,379 | 1,520 | 1,629 | 1,684 | 1,503 | 1,512 | ||||||||||||||||||
Fixed Charges |
$ | 61,406 | $ | 76,400 | $ | 65,414 | $ | 71,986 | $ | 62,846 | $ | 56,849 | ||||||||||||
Ratio of earning to Fixed Charges |
1.16 | 1.88 | 1.49 | 1.63 | 1.78 | 1.98 | ||||||||||||||||||