CAPSTEAD MORTGAGE CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF INCOME FROM CONTINUING OPERATIONS

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EXCEL - IDEA: XBRL DOCUMENT - CAPSTEAD MORTGAGE CORP	Financial_Report.xls
10-Q - FORM 10-Q - CAPSTEAD MORTGAGE CORP	d10q.htm
EX-31.2 - CERTIFICATION PURSUANT TO SECTION 302(A) OF THE SARBANES-OXLEY ACT OF 2002 - CAPSTEAD MORTGAGE CORP	dex312.htm
EX-32 - CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - CAPSTEAD MORTGAGE CORP	dex32.htm
EX-31.1 - CERTIFICATION PURSUANT TO SECTION 302(A) OF THE SARBANES-OXLEY ACT OF 2002 - CAPSTEAD MORTGAGE CORP	dex311.htm

EXHIBIT 12

CAPSTEAD MORTGAGE CORPORATION

COMPUTATION OF RATIO OF INCOME FROM CONTINUING OPERATIONS (BEFORE

FIXED CHARGES) TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(In thousands, except ratios)

(Unaudited)

Computation of ratio of income from continuing operations (before fixed charges) to combined fixed charges and preferred stock dividends:


	Nine Months Ended September 30, 2010
			*Year Ended December 31,*
			*2009*		*2008*		*2007*		*2006*		*2005*
Fixed charges	$	42,170	$	128,830	$	258,453	$	275,648	$	235,521	$	106,909
Preferred stock dividends		15,175		20,239		20,251		20,256		20,256		20,256

Combined fixed charges and preferred stock dividends	$	57,345	$	149,069	$	278,704	$	295,904	$	255,777	$	127,165

Fixed charges	$	42,170	$	128,830	$	258,453	$	275,648	$	235,521	$	106,909
Income from continuing operations		93,869		129,263		125,923		24,713		3,843		17,195

	$	136,039	$	258,093	$	384,376	$	300,361	$	239,364	$	124,104

Ratio of income from continuing operations (before fixed charges) to combined fixed charges and preferred stock dividends		2.37:1		1.73:1		1.38:1		1.02:1

Deficiency of income from continuing operations (before fixed charges) to combined fixed charges and preferred stock dividends									$	16,413	$	3,061

CAPSTEAD MORTGAGE CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF INCOME FROM CONTINUING OPERATIONS - November 5, 2010