Attached files
file | filename |
---|---|
10-Q - FORM 10-Q - KIMCO REALTY CORP | kim20160330_10q.htm |
EX-32.1 - EXHIBIT 32.1 - KIMCO REALTY CORP | ex32-1.htm |
EX-31.1 - EXHIBIT 31.1 - KIMCO REALTY CORP | ex31-1.htm |
EX-31.2 - EXHIBIT 31.2 - KIMCO REALTY CORP | ex31-2.htm |
EX-12.2 - EXHIBIT 12.2 - KIMCO REALTY CORP | ex12-2.htm |
Exhibit 12.1
Kimco Realty Corporation and Subsidiaries |
Computation of Ratio of Earnings to Fixed Charges |
For the three months ended March 31, 2016 |
(in thousands, except for ratio) |
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees (1) |
$ | 132,409 | ||
Add: |
||||
Interest on indebtedness (excluding capitalized interest) |
53,237 | |||
Amortization of debt premiums, discounts and capitalized expenses |
4,269 | |||
Amortization of capitalized interest |
1,211 | |||
Portion of rents representative of the interest factor |
1,854 | |||
192,980 | ||||
Distributed income from equity investees |
26,730 | |||
Pretax earnings from continuing operations, as adjusted |
$ | 219,710 | ||
Fixed charges - |
||||
Interest on indebtedness (excluding capitalized interest) |
$ | 53,237 | ||
Capitalized interest |
1,699 | |||
Amortization of debt premiums, discounts and capitalized expenses |
4,269 | |||
Portion of rents representative of the interest factor |
1,854 | |||
Fixed charges |
$ | 61,059 | ||
Ratio of earnings to fixed charges |
3.6 |
(1) Includes an aggregate gain on liquidation of real estate joint venture interests of $50.9 million. |