Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - KIMCO REALTY CORPex32-1.htm
EX-31.2 - EXHIBIT 31.2 - KIMCO REALTY CORPex31-2.htm
EX-12.1 - EXHIBIT 12.1 - KIMCO REALTY CORPex12-1.htm
10-Q - FORM 10-Q - KIMCO REALTY CORPkim20151103_10q.htm
EX-31.1 - EXHIBIT 31.1 - KIMCO REALTY CORPex31-1.htm

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, 2015

 

 

 

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

  $ 227,532,629  
         
         

Add:

       

Interest on indebtedness (excluding capitalized interest)

    178,226,457  

Amortization of debt related expenses

    (9,409,919 )

Portion of rents representative of the interest factor

    6,053,697  
      402,402,864  
         

Distributed income from equity investees

    149,140,994  
         

Pretax earnings from continuing operations, as adjusted

  $ 551,543,858  
         
         

Combined fixed charges and preferred stock dividends -

       

Interest on indebtedness (including capitalized interest)

  $ 182,010,913  

Preferred dividend factor

    44,911,664  

Amortization of debt related expenses

    (12,957,074 )

Portion of rents representative of the interest factor

    6,053,697  
         

Combined fixed charges and preferred stock dividends

  $ 220,019,200  
         

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

    2.5