Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - NEW YORK MORTGAGE TRUST INC | nymt20130530_8k.htm |
| EX-8 - EXHIBIT 8.1 - NEW YORK MORTGAGE TRUST INC | nymt20130530_8kex8-1.htm |
| EX-1 - EXHIBIT 1.1 - NEW YORK MORTGAGE TRUST INC | nymt20130530_8kex1-1.htm |
| EX-5 - EXHIBIT 5.1 - NEW YORK MORTGAGE TRUST INC | nymt20130530_8kex5-1.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(dollars in thousands)
|
For the Three Months Ended March 31, |
For the Years Ended December 31, |
|||||||||||||||||||||||
|
2013 |
2012 |
2011 |
2010 |
2009 |
2008 |
|||||||||||||||||||
|
Earnings: |
||||||||||||||||||||||||
|
Pretax income (loss) from continuing operations |
$ | 15,514 | $ | 29,100 | $ | 5,243 | $ | 5,670 | $ | 10,884 | $ | (25,764 | ) | |||||||||||
|
Fixed charges |
46,145 | 105,926 | 4,837 | 9,611 | 14,235 | 36,260 | ||||||||||||||||||
|
Dividends distributed to shareholders |
13,384 | 22,304 | 8,270 | 8,102 | 7,108 | 4,100 | ||||||||||||||||||
|
Equity investee adjustment |
136 | (38 | ) | (174 | ) | (64 | ) | - | - | |||||||||||||||
|
Noncontrolling interest |
- | 97 | (97 | ) | - | - | - | |||||||||||||||||
|
Total Earnings |
$ | 75,179 | $ | 157,389 | $ | 18,079 | $ | 23,319 | $ | 32,227 | $ | 14,596 | ||||||||||||
|
Fixed Charges: |
||||||||||||||||||||||||
|
Interest expense |
$ | 46,145 | $ | 105,926 | $ | 4,837 | $ | 9,611 | $ | 14,235 | $ | 36,260 | ||||||||||||
|
Total Fixed Charges |
$ | 46,145 | $ | 105,926 | $ | 4,837 | $ | 9,611 | $ | 14,235 | $ | 36,260 | ||||||||||||
|
Ratio of earnings to fixed charges |
1.63 | 1.49 | 3.74 | 2.43 | 2.26 | 0.40 | ||||||||||||||||||
|
Ratio of earnings to combined fixed charges and preferred stock dividends |
1.63 |
1.49 | 3.74 | 2.43 | 2.26 | 0.40 | ||||||||||||||||||
|
Deficiency related to ratio of earnings to fixed charges |
NA |
NA |
NA |
NA |
NA |
$ | (21,664 | ) | ||||||||||||||||
|
Deficiency related to ratio of earnings to combined fixed charges and preferred stock dividends |
NA |
NA |
NA |
NA |
NA |
$ | (21,664 | ) | ||||||||||||||||