Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Armour Residential REIT, Inc. | armour_8k-060512.htm |
| EX-3.1 - EXHIBIT 3.1 - Armour Residential REIT, Inc. | ex3-1.htm |
| EX-5.1 - EXHIBIT 5.1 - Armour Residential REIT, Inc. | ex5-1.htm |
| EX-8.1 - EXHIBIT 8.1 - Armour Residential REIT, Inc. | ex8-1.htm |
| EX-1.1 - EXHIBIT 1.1 - Armour Residential REIT, Inc. | ex1-1.htm |
Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES
|
Three
Months
Ended
March 31,
|
Year Ended December 31,
|
For the
Period from
July 9, 2007
through
December 31
|
||||||||||||||||||||||
|
(dollars in thousands)
|
2012
|
2011
|
2010
|
2009
|
2008
|
2007
|
||||||||||||||||||
|
Net income (loss) attributable to common stockholders
|
$ | 65,224 | $ | (9,442 | ) | $ | 6,537 | $ | (2,350 | ) | $ | 487 | $ | 867 | ||||||||||
|
Additional fixed charge (interest expense)
|
$ | 6,929 | $ | 11,856 | $ | 1,207 | $ | 14 | $ | - | $ | - | ||||||||||||
|
Earnings adjusted
|
$ | 72,153 | $ | 2,414 | $ | 7,744 | $ | (2,336 | ) | $ | 487 | $ | 867 | |||||||||||
|
Ratio of earnings to fixed charges
|
10.41 | 0.20 | 6.42 |
NM(1
|
) |
NM(1
|
) |
NM(1
|
) | |||||||||||||||
|
(1)
|
Enterprise Acquisition Corp., the accounting acquirer in the merger with ARMOUR completed on November 6, 2009, was formed on July 9, 2007 as a development stage company with no operations. Prior to November 6, 2009, the ratio of earnings to fixed charges is not a meaningful measure.
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