Attached files
| file | filename |
|---|---|
| EX-8.1 - EXHIBIT 8.1 - Western Asset Mortgage Capital Corp | ex8110032017.htm |
| EX-5.1 - EXHIBIT 5.1 - Western Asset Mortgage Capital Corp | ex5110032017.htm |
| EX-4.2 - EXHIBIT 4.2 - Western Asset Mortgage Capital Corp | ex4210032017.htm |
| EX-4.1 - EXHIBIT 4.1 - Western Asset Mortgage Capital Corp | ex4110032017.htm |
| EX-1.1 - EXHIBIT 1.1 - Western Asset Mortgage Capital Corp | ex1110032017.htm |
| 8-K - 8-K - Western Asset Mortgage Capital Corp | wmc8-kconvertiblenotes.htm |
EXHIBIT 12.1
Western Asset Mortgage Capital Corporation | |||||||||||||||||||||||
Ratio of Earning to Fixed Charges | |||||||||||||||||||||||
(Unaudited) | |||||||||||||||||||||||
Six Months Ended | Years Ended December 31, | ||||||||||||||||||||||
June 30, 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||
Earning: | |||||||||||||||||||||||
Income (loss) before taxes | $ | 43,353 | $ | (21,859 | ) | $ | (9,484 | ) | $ | 100,713 | $ | (27,855 | ) | $ | 57,277 | ||||||||
Fixed charges | 19,144 | 32,430 | 27,605 | 22,263 | 18,019 | 8,094 | |||||||||||||||||
Income before fixed charges | $ | 62,497 | $ | 10,571 | $ | 18,121 | $ | 122,976 | $ | (9,836 | ) | $ | 65,371 | ||||||||||
Fixed Charges: | |||||||||||||||||||||||
Interest expense | 19,144 | 32,430 | 27,605 | 22,263 | 18,019 | 8,094 | |||||||||||||||||
Total fixed charges | $ | 19,144 | $ | 32,430 | $ | 27,605 | $ | 22,263 | $ | 18,019 | $ | 8,094 | |||||||||||
Ratio of earnings to fixed charges | 3.26 | — | — | 5.52 | — | 8.08 | |||||||||||||||||
Deficit | $ | — | $ | (21,859 | ) | $ | (9,484 | ) | $ | — | $ | (27,855 | ) | $ | — | ||||||||