Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - RPT Realty | Financial_Report.xls |
10-Q - 10-Q - 1Q15 - RPT Realty | rpt-2015331x10q.htm |
EX-31.2 - EXHIBIT 31.2 - RPT Realty | rpt-ex312_2015331xq1.htm |
EX-32.2 - EXHIBIT 32.2 - RPT Realty | rpt-ex322_2015331xq1.htm |
EX-32.1 - EXHIBIT 32.1 - RPT Realty | rpt-ex321_2015331xq1.htm |
EX-31.1 - EXHIBIT 31.1 - RPT Realty | rpt-ex311_2015331xq1.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Dividends | ||||||||
Three Months Ended March 31, | ||||||||
2015 | 2014 | |||||||
(In thousands, except ratio computation) | ||||||||
Pretax income before adjustment for noncontrolling interest | $9,966 | $2,778 | ||||||
Add back: | ||||||||
Fixed charges | 10,625 | 8,436 | ||||||
Distributed income of equity investees | 567 | 783 | ||||||
Equity in loss of equity investees | — | 1,607 | ||||||
Deduct: | ||||||||
Equity in earnings of equity investees | (2,660 | ) | — | |||||
Capitalized interest | (266 | ) | (381 | ) | ||||
Earnings as Defined | $18,232 | $13,223 | ||||||
Fixed Charges | ||||||||
Interest expense including amortization of deferred financing fees | $10,303 | $8,002 | ||||||
Capitalized interest | 266 | 381 | ||||||
Interest portion of rent expense | 56 | 53 | ||||||
Fixed Charges | 10,625 | 8,436 | ||||||
Preferred share dividends | 1,812 | 1,812 | ||||||
Combined Fixed Charges and Preferred Dividends | $12,437 | $10,248 | ||||||
Ratio of Earnings to Combined Fixed Charges and Preferred Dividends | 1.47 | 1.29 | ||||||