Attached files
file | filename |
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EX-99.1 - EXHIBIT 99.1 - NorthStar Realty Europe Corp. | nre12312017exhibit991.htm |
EX-32.2 - EXHIBIT 32.2 - NorthStar Realty Europe Corp. | nre12312017exhibit322.htm |
EX-32.1 - EXHIBIT 32.1 - NorthStar Realty Europe Corp. | nre12312017exhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - NorthStar Realty Europe Corp. | nre12312017exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - NorthStar Realty Europe Corp. | nre12312017exhibit311.htm |
EX-23.1 - EXHIBIT 23.1 - NorthStar Realty Europe Corp. | nre12312017exhibit231.htm |
EX-21.1 - EXHIBIT 21.1 - NorthStar Realty Europe Corp. | nre12312017exhibit211.htm |
EX-10.2 - EXHIBIT 10.2 - NorthStar Realty Europe Corp. | nre12312017exhibit102.htm |
EX-10.1 - EXHIBIT 10.1 - NorthStar Realty Europe Corp. | nre12312017exhibit101.htm |
10-K - 10-K - NorthStar Realty Europe Corp. | nre1231201710-k.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
Ratio of Earnings to Combined Fixed Charges
(dollars in thousands)
NorthStar Europe Period | Prior Owner Period | ||||||||||||||||||||||
Year Ended December 31, | Year Ended December 31, | Year Ended December 31, | September 16 to December 31, | January 1 to September 15, | Year Ended December 31, | ||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2014 | 2013 | ||||||||||||||||||
Earnings | |||||||||||||||||||||||
Income (loss) before income tax benefit (expense) | $ | (32,478 | ) | $ | (59,760 | ) | $ | (144,818 | ) | $ | (33,906 | ) | $ | (3,007 | ) | $ | 1,633 | ||||||
Add (subtract): | |||||||||||||||||||||||
Interest expense | 25,844 | 41,439 | 36,129 | 165 | 3,486 | 4,666 | |||||||||||||||||
Total earnings | $ | (6,634 | ) | $ | (18,321 | ) | $ | (108,689 | ) | $ | (33,741 | ) | $ | 479 | $ | 6,299 | |||||||
Fixed Charges | |||||||||||||||||||||||
Interest expense | 25,844 | 41,439 | 36,129 | 165 | 3,486 | 4,666 | |||||||||||||||||
Total Fixed Charges | 25,844 | 41,439 | 36,129 | 165 | 3,486 | 4,666 | |||||||||||||||||
Total Combined Fixed Charges and Preferred Stock Dividends | $ | 25,844 | $ | 41,439 | $ | 36,129 | $ | 165 | $ | 3,486 | $ | 4,666 | |||||||||||
Ratio of earnings to fixed charges | (0.26 | ) | (0.44 | ) | (3.01 | ) | (204.49 | ) | 0.14 | 1.35 | |||||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends(1) | NA | NA | NA | NA | NA | NA | |||||||||||||||||
Deficiency related to ratio of earnings to fixed charges | $ | (32,478 | ) | $ | (59,760 | ) | $ | (144,818 | ) | $ | (33,906 | ) | NA | NA |
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(1) Because there was no preferred stock outstanding for the periods presented, the ratio is not applicable.