Attached files
| file | filename |
|---|---|
| EX-32.02 - EX-32.02 - Arlington Asset Investment Corp. | ai-ex3202_10.htm |
| EX-32.01 - EX-32.01 - Arlington Asset Investment Corp. | ai-ex3201_7.htm |
| EX-31.02 - EX-31.02 - Arlington Asset Investment Corp. | ai-ex3102_6.htm |
| EX-31.01 - EX-31.01 - Arlington Asset Investment Corp. | ai-ex3101_9.htm |
| 10-Q - FORM 10-Q - Arlington Asset Investment Corp. | ai-10q_20170331.htm |
Exhibit 12.01
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
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Three Months |
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Ended |
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March 31, |
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Year Ended December 31, |
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2017 |
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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Pre-tax income (loss) from continuing operations adjusted to exclude income or loss from equity investees |
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$ |
13,590 |
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$ |
(14,512 |
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$ |
(32,403 |
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$ |
55,189 |
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$ |
14,253 |
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$ |
30,788 |
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Distributed income of equity investees |
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13 |
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809 |
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1,628 |
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413 |
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90 |
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384 |
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Fixed charges: |
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Interest expense and amortization of debt discount and premium on all indebtedness |
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10,066 |
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29,222 |
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18,889 |
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11,391 |
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8,529 |
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4,965 |
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Rentals |
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23 |
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87 |
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92 |
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83 |
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81 |
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88 |
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Total fixed charges |
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$ |
10,089 |
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$ |
29,309 |
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$ |
18,981 |
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$ |
11,474 |
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$ |
8,610 |
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$ |
5,053 |
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Pre-tax income (loss) from continuing operations adjusted to exclude income or loss from equity investees plus fixed charges and distributed income of equity investees |
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$ |
23,692 |
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$ |
15,606 |
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$ |
(11,794 |
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$ |
67,076 |
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$ |
22,953 |
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$ |
36,225 |
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Ratio of earnings to fixed charges |
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2.3 |
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(A) |
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(A) |
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5.8 |
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2.7 |
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7.2 |
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(A) |
For the years ended December 31, 2016 and 2015, the ratio coverage in the period was less than 1:1. The Company would have had to generate additional earnings of $13,703 and $30,775, respectively, to achieve coverage of 1:1 in those periods. |