Attached files

file filename
10-Q - FORM 10-Q - KIMCO REALTY CORPkim20140930_10q.htm
EX-12 - EXHIBIT 12.1 - KIMCO REALTY CORPex12-1.htm
EX-32 - EXHIBIT 32.1 - KIMCO REALTY CORPex32-1.htm
EX-31 - EXHIBIT 31.1 - KIMCO REALTY CORPex31-1.htm
EX-31 - EXHIBIT 31.2 - KIMCO REALTY CORPex31-2.htm
EXCEL - IDEA: XBRL DOCUMENT - KIMCO REALTY CORPFinancial_Report.xls

Exhibit 12.2

 

Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

For the nine months ended September 30, 2014

 

Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees

  $ 65,842,866  
         
         

Add:

       

Interest on indebtedness (excluding capitalized interest)

    158,722,131  

Amortization of debt related expenses

    2,907,532  

Portion of rents representative of the interest factor

    6,124,486  
      233,597,015  
         

Distributed income from equity investees

    186,628,572  
         

Pretax earnings from continuing operations, as adjusted

  $ 420,225,587  
         
         

Combined fixed charges and preferred stock dividends -

       

Interest on indebtedness (including capitalized interest)

  $ 160,010,200  

Preferred dividend factor

    45,880,076  

Amortization of debt related expenses

    (577,620 )

Portion of rents representative of the interest factor

    6,124,486  
         

Combined fixed charges and preferred stock dividends

  $ 211,437,142  
         

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

    2.0