Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - KIMCO REALTY CORPex_125728.htm
EX-31.2 - EXHIBIT 31.2 - KIMCO REALTY CORPex_125727.htm
EX-31.1 - EXHIBIT 31.1 - KIMCO REALTY CORPex_125726.htm
EX-12.2 - EXHIBIT 12.2 - KIMCO REALTY CORPex_125735.htm
10-Q - FORM 10-Q - KIMCO REALTY CORPkim20180930_10q.htm

Exhibit 12.1

 

KIMCO REALTY CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

For the nine months ended September 30, 2018

(in thousands, except for ratio)

 

 

Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees

  $ 332,409  
         
         

Add:

       

Interest on indebtedness (excluding capitalized interest)

    140,194  

Amortization of debt premiums, discounts and capitalized expenses

    (2,088 )

Amortization of capitalized interest

    4,165  

Portion of rents representative of the interest factor

    5,423  
      480,103  
         

Distributed income from equity investees

    80,900  
         

Pretax earnings from continuing operations, as adjusted

  $ 561,003  
         
         

Fixed charges -

       

Interest on indebtedness (excluding capitalized interest)

  $ 140,194  

Capitalized interest

    13,319  

Amortization of debt premiums, discounts and capitalized expenses

    (2,088 )

Portion of rents representative of the interest factor

    5,423  
         

Fixed charges

  $ 156,848  
         

Ratio of earnings to fixed charges

    3.6