Attached files

file filename
EX-3.1 - EX-3.1 - EQUITY ONE, INC.g26417exv3w1.htm
EX-23.1 - EX-23.1 - EQUITY ONE, INC.g26417exv23w1.htm
EX-32.1 - EX-32.1 - EQUITY ONE, INC.g26417exv32w1.htm
EX-31.2 - EX-31.2 - EQUITY ONE, INC.g26417exv31w2.htm
EX-21.1 - EX-21.1 - EQUITY ONE, INC.g26417exv21w1.htm
EX-31.1 - EX-31.1 - EQUITY ONE, INC.g26417exv31w1.htm
10-K - FORM 10-K - EQUITY ONE, INC.g26417e10vk.htm
Exhibit 12.1
Ratio of Earnings to Fixed Charges
(in thousands, except ratio computation)
                                         
    Year Ended December 31,  
    2010     2009     2008     2007     2006  
Pretax income from continuing operations before adjustment for noncontrolling interest
  $ 18,245     $ 68,222     $ 34,998     $ 48,229     $ 53,513  
 
                                       
Adjustments
                                       
Equity in income in unconsolidated joint ventures
    116       88       (108 )           (204 )
Fixed Charges
    82,090       76,400       65,413       71,985       62,846  
Distributed income of equity investees
    346       371       171             3,308  
Capitalized interest
    (2,244 )     (1,430 )     (2,934 )     (3,194 )     (5,820 )
 
                             
Earnings as Defined
  $ 98,553     $ 143,651     $ 97,540     $ 117,020     $ 113,643  
 
                             
 
                                       
Fixed Charges
                                       
Interest expense
  $ 75,104     $ 71,229     $ 62,752     $ 69,209     $ 58,812  
Capitalized interest
    2,244       1,430       2,934       3,194       5,820  
Amortization (accretion) of debt discounts (premiums), net
    2,818       2,221       (1,902 )     (2,102 )     (3,289 )
Amortization of loan fees
    1,924       1,520       1,629       1,684       1,503  
 
                             
Fixed Charges
  $ 82,090     $ 76,400     $ 65,413     $ 71,985     $ 62,846  
 
                             
 
Ratio of earning to Fixed Charges
    1.20       1.88       1.49       1.63       1.81  
 
                             

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