Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - Lument Finance Trust, Inc. | v403701_ex31-2.htm |
| EX-32.1 - EXHIBIT 32.1 - Lument Finance Trust, Inc. | v403701_ex32-1.htm |
| EX-21.1 - EXHIBIT 21.1 - Lument Finance Trust, Inc. | v403701_ex21-1.htm |
| EX-31.1 - EXHIBIT 31.1 - Lument Finance Trust, Inc. | v403701_ex31-1.htm |
| EX-23.1 - EXHIBIT 23.1 - Lument Finance Trust, Inc. | v403701_ex23-1.htm |
| EX-32.2 - EXHIBIT 32.2 - Lument Finance Trust, Inc. | v403701_ex32-2.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Lument Finance Trust, Inc. | Financial_Report.xls |
| 10-K - FORM 10-K - Lument Finance Trust, Inc. | v403701_10k.htm |
EXHIBIT 12.1
STATEMENT RE COMPUTATION OF RATIOS
The following table sets forth the ratio of earnings to fixed charges and preferred stock dividends for the periods indicated below:
| For the years ended December 31, | ||||||||||||
| 2014 | 2013 | 2012 | ||||||||||
| Earnings: | ||||||||||||
| Pretax income (loss) from continuing operations | $ | 3,313,786 | $ | 3,226,430 | $ | 4,819,306 | ||||||
| Fixed Charges | 11,046,512 | 4,591,673 | 449,164 | |||||||||
| Dividends distributed to shareholders | 2,932,122 | 44,827 | — | |||||||||
| Total Earnings | $ | 17,292,420 | $ | 7,862,930 | $ | 5,268,470 | ||||||
| Fixed Charges: | ||||||||||||
| Interest Expense | $ | 11,046,512 | $ | 4,591,673 | $ | 449,164 | ||||||
| Preferred stock | 2,932,122 | 44,827 | — | |||||||||
| Total Fixed Charges | $ | 13,978,634 | $ | 4,636,500 | $ | 449,164 | ||||||
| Ratio of earnings to fixed charges | 1.57 | 1.70 | 11.73 | |||||||||
| Ratio of earnings to fixed charges and preferred stock dividends | 1.24 | 1.70 | 11.73 | |||||||||
| Deficiency of earnings to fixed charges and preferred stock dividends | — | — | — | |||||||||