Attached files
file | filename |
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10-Q - 10-Q - NorthStar Asset Management Group Inc. | nsam0930201610-q.htm |
EX-32.2 - EXHIBIT 32.2 - NorthStar Asset Management Group Inc. | nsam09302016ex322.htm |
EX-32.1 - EXHIBIT 32.1 - NorthStar Asset Management Group Inc. | nsam09302016ex321.htm |
EX-31.2 - EXHIBIT 31.2 - NorthStar Asset Management Group Inc. | nsam09302016ex312.htm |
EX-31.1 - EXHIBIT 31.1 - NorthStar Asset Management Group Inc. | nsam09302016ex311.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
Ratio of Earning to Combined Fixed Charges
(dollars in thousands)
Nine Months Ended September 30, | Years Ended December 31, | ||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||
Earnings | |||||||||||||||||||||||
Income (loss) before equity in earnings (losses) of unconsolidated ventures and income tax benefit (expense) | $ | 71,289 | $ | 140,991 | $ | 21,761 | $ | (1,995 | ) | $ | (17,322 | ) | $ | (256,882 | ) | ||||||||
Add (subtract): | |||||||||||||||||||||||
Distributions from unconsolidated ventures | 12,100 | 10,793 | — | — | — | — | |||||||||||||||||
Interest expense | 18,968 | 778 | — | — | — | — | |||||||||||||||||
Total earnings | $ | 102,357 | $ | 152,562 | $ | 21,761 | $ | (1,995 | ) | $ | (17,322 | ) | $ | (256,882 | ) | ||||||||
Fixed Charges | |||||||||||||||||||||||
Interest expense | 18,968 | 778 | — | — | — | — | |||||||||||||||||
Total Fixed Charges | 18,968 | 778 | — | — | — | — | |||||||||||||||||
Total Combined Fixed Charges and Preferred Stock Dividends | $ | 18,968 | $ | 778 | $ | — | $ | — | $ | — | $ | — | |||||||||||
Ratio of earnings to fixed charges(1) | 5.40 | 196.10 | NA | NA | NA | NA | |||||||||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends(2) | NA | NA | NA | NA | NA | NA | |||||||||||||||||
Deficiency related to ratio of earnings to fixed charges | NA | NA | NA | NA | NA | NA |
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(1) | Because there were no fixed charges prior to 2015 the ratio is not applicable. |
(2) | Because there was no preferred stock outstanding for the periods presented, the ratio is not applicable. |