Attached files

file filename
10-Q - KIMCO REALTY CORPi10659.htm
EX-31.1 - KIMCO REALTY CORPex31_1.htm
EX-32.1 - KIMCO REALTY CORPex32_1.htm
EX-31.2 - KIMCO REALTY CORPex31_2.htm
EX-12.2 - KIMCO REALTY CORPexh12_2.htm



Exhibit 12.1


Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

For the nine months ended September 30, 2009


Pretax loss from continuing operations before adjustment for

 

 

  noncontrolling interests or income loss from equity investees

$

(75,286,270)

 

 

 

 

 

 

Add:

 

 

   Interest on indebtedness (excluding capitalized interest)

 

151,231,289

   Amortization of debt related expenses

 

6,356,110

   Portion of rents representative of the

 

 

     interest factor

 

5,669,339

 

 

87,970,468

 

 

 

Distributed income from equity investees

 

90,265,102

 

 

 

       Pretax earnings from continuing operations, as adjusted

$

178,235,570

 

 

 

 

 

 

Fixed charges -

 

 

   Interest on indebtedness (including capitalized interest)

$

167,859,493

   Amortization of debt related expenses

 

3,653,334

   Portion of rents representative of the

 

 

     interest factor

 

5,669,339

 

 

 

        Fixed charges

$

177,182,166

 

 

 

Ratio of earnings to fixed charges

 

1.01