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-12.1 - EXHIBIT 12.1 - KIMCO REALTY CORP | ex12-1.htm |
|
Exhibit 12.2 |
|
Kimco Realty Corporation and Subsidiaries |
|
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
|
For the 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 | ||
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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 | ||
|
Combined fixed charges and preferred stock dividends - |
||||
|
Interest on indebtedness (excluding capitalized interest) |
$ | 53,237 | ||
|
Capitalized interest |
1,699 | |||
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Preferred dividend factor |
12,499 | |||
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Amortization of debt premiums, discounts and capitalized expenses |
4,269 | |||
|
Portion of rents representative of the interest factor |
1,854 | |||
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Combined fixed charges and preferred stock dividends |
$ | 73,558 | ||
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Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
3.0 |
|
(1) Includes an aggregate gain on liquidation of real estate joint venture interests of $50.9 million. |