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EXCEL - IDEA: XBRL DOCUMENT - Arlington Asset Investment Corp.Financial_Report.xls
10-Q - FORM 10-Q - Arlington Asset Investment Corp.v391654_10q.htm
EX-31.2 - EXHIBIT 31.2 - Arlington Asset Investment Corp.v391654_exh31x2.htm
EX-32.2 - EXHIBIT 32.2 - Arlington Asset Investment Corp.v391654_exh32x2.htm
EX-32.1 - EXHIBIT 32.1 - Arlington Asset Investment Corp.v391654_exh32x1.htm
EX-31.1 - EXHIBIT 31.1 - Arlington Asset Investment Corp.v391654_exh31x1.htm

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)

           
  Nine Months Ended September 30, 2014   Year Ended December 31,
     2013   2012   2011   2010   2009
Pre-tax income from continuing operations adjusted to exclude income or loss from equity investees   $ 60,680     $ 14,253     $ 30,788     $ 16,753     $ 27,087     $ 140,981  
Distributed income of equity investees     190       90       384       266       222       326  
Fixed charges:
                                                     
Interest expense and amortization of debt discount and premium on all indebtedness     7,937       8,529       4,965       2,508       1,155       3,645  
Rentals     63       81       88       58       54       77  
Total fixed charges   $ 8,000     $ 8,610     $ 5,053     $ 2,566     $ 1,209     $ 3,722  
Pre-tax income from continuing operations adjusted to exclude income or loss from equity investees plus fixed charges and distributed income of equity investees   $ 68,870     $ 22,953     $ 36,225     $ 19,585     $ 28,518     $ 145,029  
Ratio of earnings to fixed charges     8.6       2.7       7.2       7.6       23.6       39.0