Attached files
| file | filename |
|---|---|
| EX-32.01 - EXHIBIT 32.01 - Arlington Asset Investment Corp. | v422514_exh32x1.htm |
| EX-32.02 - EXHIBIT 32.02 - Arlington Asset Investment Corp. | v422514_exh32x2.htm |
| EX-31.02 - EXHIBIT 31.02 - Arlington Asset Investment Corp. | v422514_exh31x2.htm |
| EX-31.01 - EXHIBIT 31.01 - Arlington Asset Investment Corp. | v422514_exh31x1.htm |
| 10-Q - 10-Q - Arlington Asset Investment Corp. | v422514_10q.htm |
Exhibit 12.01
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
 |
|
|
|
|
|
|
||||||||||||||||||
| Nine Months Ended September 30, 2015 |
Year Ended December 31, | |||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
| Pre-tax (loss) income from continuing operations adjusted to exclude income or loss from equity investees | $ | (54,600 | ) | $ | 55,189 | $ | 14,253 | $ | 30,788 | $ | 16,753 | $ | 27,087 | |||||||||||
| Distributed income of equity investees | 339 | 413 | 90 | 384 | 266 | 222 | ||||||||||||||||||
| Fixed charges: |
||||||||||||||||||||||||
| Interest expense and amortization of debt discount and premium on all indebtedness | 13,468 | 11,391 | 8,529 | 4,965 | 2,508 | 1,155 | ||||||||||||||||||
| Rentals | 69 | 83 | 81 | 88 | 58 | 54 | ||||||||||||||||||
| Total fixed charges | $ | 13,537 | $ | 11,474 | $ | 8,610 | $ | 5,053 | $ | 2,566 | $ | 1,209 | ||||||||||||
| Pre-tax (loss) income from continuing operations adjusted to exclude income or loss from equity investees plus fixed charges and distributed income of equity investees | $ | (40,724 | ) | $ | 67,076 | $ | 22,953 | $ | 36,225 | $ | 19,585 | $ | 28,518 | |||||||||||
| Ratio of earnings to fixed charges | (A) | 5.8 | 2.7 | 7.2 | 7.6 | 23.6 | ||||||||||||||||||
| (A) | Due to the Company’s loss for the nine months ended September 30, 2015, the ratio coverage in that period was less than 1:1. The Company would have had to generate additional earnings of $54,261 to achieve coverage of 1:1 in that period. |