Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Power REIT | Financial_Report.xls |
| EX-31.1 - Power REIT | exhibit31.1.txt |
| EX-32.1 - Power REIT | exhibit32.1.txt |
| EX-31.2 - Power REIT | exhibit31.2.txt |
| 10-Q - Power REIT | pw_10q.htm |
Exhibit 12.1
Power REIT
Computation of Ratios of Earnings to Fixed Charges
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3 Months Ended September 30,
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Year Ended December 31,
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(in $ thousands)
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2013(a) | 2012(a) | 2011(b) | 2010(b) | 2009(b) | 2008(b) | ||||||||||||||||||
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Earnings:
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$ | (181 | ) | $ | (322 | ) | $ | 637 | $ | 764 | $ | 750 | $ | 770 | ||||||||||
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Add fixed charges
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38 | 0 | - | - | - | - | ||||||||||||||||||
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Total earnings (loss)
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$ | (143 | ) | $ | (322 | ) | $ | 637 | $ | 764 | $ | 750 | $ | 770 | ||||||||||
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Fixed charges:
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Interest on Indebtedness
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$ | 38 | $ | 0 | $ | - | $ | - | $ | - | $ | - | ||||||||||||
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Preferred Stock Expenses
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- | - | - | - | - | - | ||||||||||||||||||
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Total fixed charges
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$ | 38 | $ | 0 | $ | - | $ | - | $ | - | $ | - | ||||||||||||
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Ratio of Earnings to Fixed Charges
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(c)
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(c)
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n/a | n/a | n/a | n/a | ||||||||||||||||||
_______
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a. We did not have any shares of preferred stock outstanding for this period.
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b. We did not have any shares of preferred stock or indebtedness outstanding for this period, and therefore, we did not have any fixed charges.
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c. For the three months ended September 30, 2013 and the year ended December 31, 2012, earnings were insufficient to cover fixed charges by approximately $181,000 and $322,000, respectively, which is the amount of additional earnings that would have been required to achieve a ratio of earnings to fixed charges of 1.0x for each such respective period.
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