Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - UDR, Inc. | Financial_Report.xls |
| 10-Q - FORM 10-Q - UDR, Inc. | c05794e10vq.htm |
| EX-32.3 - EXHIBIT 32.3 - UDR, Inc. | c05794exv32w3.htm |
| EX-31.2 - EXHIBIT 31.2 - UDR, Inc. | c05794exv31w2.htm |
| EX-32.2 - EXHIBIT 32.2 - UDR, Inc. | c05794exv32w2.htm |
| EX-32.4 - EXHIBIT 32.4 - UDR, Inc. | c05794exv32w4.htm |
| EX-31.1 - EXHIBIT 31.1 - UDR, Inc. | c05794exv31w1.htm |
| EX-32.1 - EXHIBIT 32.1 - UDR, Inc. | c05794exv32w1.htm |
| EX-31.3 - EXHIBIT 31.3 - UDR, Inc. | c05794exv31w3.htm |
| EX-31.4 - EXHIBIT 31.4 - UDR, Inc. | c05794exv31w4.htm |
| EX-12.2 - EXHIBIT 12.2 - UDR, Inc. | c05794exv12w2.htm |
EXHIBIT 12.1
UDR, Inc.
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(Dollars in thousands)
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(Dollars in thousands)
| Three Months Ended September 30, | Six months ended September 30, | |||||||||||||||
| 2010 | 2009 | 2010 | 2009 | |||||||||||||
Loss from continuing operations |
$ | (28,745 | ) | $ | (40,555 | ) | $ | (81,947 | ) | (68,932 | ) | |||||
Add (from continuing operations): |
||||||||||||||||
Interest on indebtedness (a) |
38,166 | 38,640 | 111,947 | 112,874 | ||||||||||||
Portion of rents representative of the interest factor |
511 | 557 | 1,485 | 1,812 | ||||||||||||
Earnings |
$ | 9,932 | $ | (1,358 | ) | $ | 31,485 | $ | 45,754 | |||||||
Fixed charges and preferred stock dividend (from continuing operations): |
||||||||||||||||
Interest on indebtedness (a) |
$ | 38,166 | $ | 38,640 | $ | 111,947 | $ | 112,874 | ||||||||
Capitalized interest |
2,578 | 4,239 | 9,854 | 12,409 | ||||||||||||
Portion of rents representative of the interest factor |
511 | 557 | 1,485 | 1,812 | ||||||||||||
Fixed charges |
41,255 | 43,436 | 123,286 | 127,095 | ||||||||||||
Add: |
||||||||||||||||
Preferred stock dividend |
2,368 | 2,800 | 7,119 | 8,400 | ||||||||||||
Discount on preferred stock repurchases |
— | — | (25 | ) | — | |||||||||||
Combined fixed charges and preferred stock dividend |
$ | 43,623 | $ | 46,236 | $ | 130,380 | $ | 135,495 | ||||||||
Ratio of earnings to fixed charges |
— | — | — | — | ||||||||||||
Ratio of earnings to combined fixed charges
and preferred stock dividend |
— | — | — | — | ||||||||||||
For the three months ended September 30, 2010, the ratio of earnings to fixed charges and the
ratio of combined fixed charges and preferred stock dividends was
deficient of achieving a 1:1 ratio by $31.3 million and $33.7 million, respectively.
For the three months ended September 30, 2009, the ratio of earnings to fixed charges and the
ratio of combined fixed charges and preferred stock dividends was
deficient of achieving a 1:1 ratio by $44.8 million and $47.6 million, respectively.
For the six months ended September 30, 2010, the ratio of earnings to fixed charges and the ratio
of combined fixed charges and preferred stock dividends was
deficient of achieving a 1:1 ratio by $91.8 million and $98.9 million, respectively.
For the six months ended September 30, 2009, the ratio of earnings to fixed charges and the ratio
of combined fixed charges and preferred stock dividends was
deficient of achieving a 1:1 ratio by $81.3 million and $89.7 million, respectively.
| (a) | Interest on indebtedness for the three and six months ended September 30, 2010 is presented gross of the loss on debt extinguishment of $91,000 and $1.1 million. Interest on indebtedness for the three and six months ended September 30, 2009 is presented gross of the gain on debt extinguishment of $0 and $9.8 million. |