Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - RETAIL OPPORTUNITY INVESTMENTS CORP | d639910d8k.htm |
| EX-1.1 - EX-1.1 - RETAIL OPPORTUNITY INVESTMENTS CORP | d639910dex11.htm |
| EX-4.1 - EX-4.1 - RETAIL OPPORTUNITY INVESTMENTS CORP | d639910dex41.htm |
| EX-4.2 - EX-4.2 - RETAIL OPPORTUNITY INVESTMENTS CORP | d639910dex42.htm |
| EX-5.1 - EX-5.1 - RETAIL OPPORTUNITY INVESTMENTS CORP | d639910dex51.htm |
Exhibit 12.1
Statement of Computation of Ratio of Fixed Charges and Preferred Dividends to Earnings
| Nine Months Ended September 30, |
Year Ended December 31, | |||||||||||||||
| Earnings |
2013 | 2012 | 2011 | 2010 | ||||||||||||
| Net income (loss) |
$ | 30,736,718 | $ | 7,892,613 | $ | 9,656,321 | $ | (400,921 | ) | |||||||
| Less: |
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| Equity in earnings from unconsolidated joint ventures |
(2,389,937 | ) | (1,697,980 | ) | (1,458,249 | ) | (38,013 | ) | ||||||||
| Plus: |
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| Fixed charges |
11,038,246 | 11,430,172 | 6,328,952 | 324,126 | ||||||||||||
| Distribution of cumulative earnings from unconsolidated joint venture |
— | 686,017 | 1,513,090 | 390,000 | ||||||||||||
| Less: |
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| Interest capitalized |
(64,143 | ) | (50,315 | ) | (103,868 | ) | — | |||||||||
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| Total Earnings |
$ | 39,320,884 | $ | 18,260,507 | $ | 15,936,246 | $ | 275,192 | ||||||||
| Nine Months Ended September 30, |
Year Ended December 31, | |||||||||||||||
| Fixed Charges |
2013 | 2012 | 2011 | 2010 | ||||||||||||
| Interest expense |
$ | 9,071,464 | $ | 9,185,680 | $ | 4,193,966 | $ | 103,833 | ||||||||
| Capitalized interest |
64,143 | 50,315 | 103,868 | — | ||||||||||||
| Amortization of financing costs |
1,902,639 | 2,194,177 | 2,031,118 | 220,293 | ||||||||||||
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| Total Fixed Charges |
$ | 11,038,246 | $ | 11,430,172 | $ | 6,328,952 | $ | 324,126 | ||||||||
| Ratio of earnings to fixed charges |
3.56x | 1.60x | 2.52x | 0.85x | ||||||||||||
| Ratio of earnings to combined fixed charges and preferred dividend |
3.56x | 1.60x | 2.52x | 0.85x | ||||||||||||