Attached files
| file | filename |
|---|---|
| 8-K - 8-K - REALTY INCOME CORP | a11-14831_48k.htm |
| EX-4.2 - EX-4.2 - REALTY INCOME CORP | a11-14831_4ex4d2.htm |
| EX-5.1 - EX-5.1 - REALTY INCOME CORP | a11-14831_4ex5d1.htm |
| EX-4.3 - EX-4.3 - REALTY INCOME CORP | a11-14831_4ex4d3.htm |
| EX-5.2 - EX-5.2 - REALTY INCOME CORP | a11-14831_4ex5d2.htm |
| EX-1.1 - EX-1.1 - REALTY INCOME CORP | a11-14831_4ex1d1.htm |
Exhibit 12.1
REALTY INCOME CORPORATION
STATEMENTS RE COMPUTATION OF RATIOS
( dollars in thousands )
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Three Months |
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Ended |
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Years ended December 31, |
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March 31, 2011 |
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2010 |
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2009 |
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2008 |
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2007 |
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2006 |
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Fixed charges: |
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Interest |
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$23,950 |
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$ 89,349 |
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$ 81,860 |
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$ 90,083 |
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$ 61,640 |
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$ 48,893 |
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Amortization of fees |
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1,172 |
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3,888 |
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3,668 |
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3,873 |
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2,691 |
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2,470 |
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Interest capitalized |
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71 |
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10 |
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5 |
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92 |
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993 |
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2,184 |
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Fixed charges |
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$25,193 |
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$ 93,247 |
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$ 85,533 |
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$ 94,048 |
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$ 65,324 |
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$ 53,547 |
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Income from continuing operations |
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$35,603 |
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$121,213 |
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$120,418 |
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$109,918 |
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$121,712 |
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$ 99,421 |
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Plus fixed charges |
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25,193 |
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93,247 |
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85,533 |
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94,048 |
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65,324 |
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53,547 |
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Less interest capitalized |
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(71 |
) |
(10 |
) |
(5 |
) |
(92 |
) |
(993 |
) |
(2,184 |
) |
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Earnings from continuing operations before fixed charges |
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$60,725 |
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$214,450 |
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$205,946 |
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$203,874 |
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$186,043 |
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$150,784 |
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Divided by fixed charges |
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$25,193 |
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$ 93,247 |
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$ 85,533 |
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$ 94,048 |
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$ 65,324 |
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$ 53,547 |
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Ratio of earnings from continuing operations to fixed charges |
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2.4 |
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2.3 |
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2.4 |
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2.2 |
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2.8 |
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2.8 |
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Ratio of earnings from continuing operations to combined fixed charges and preferred stock dividends |
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1.9 |
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1.8 |
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1.9 |
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1.7 |
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2.1 |
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2.3 |
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Preferred stock dividends |
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$ 6,063 |
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$ 24,253 |
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$ 24,253 |
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$ 24,253 |
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$ 24,253 |
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$ 11,362 |
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