Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Armour Residential REIT, Inc. | Financial_Report.xls |
| EX-10.6 - EXHIBIT 10.6 - Armour Residential REIT, Inc. | exhibit106restatedsub-mana.htm |
| EX-10.4 - EXHIBIT 10.4 - Armour Residential REIT, Inc. | exhibit104amendedmanagemen.htm |
| EX-23.1 - EXHIBIT 23.1 - Armour Residential REIT, Inc. | arr10-k2014exhibit231.htm |
| EX-31.1 - EXHIBIT 31.1 - Armour Residential REIT, Inc. | arr-12312014xex311sulm.htm |
| EX-32.1 - EXHIBIT 32.1 - Armour Residential REIT, Inc. | arr-12312014xex321sulm.htm |
| EX-32.2 - EXHIBIT 32.2 - Armour Residential REIT, Inc. | arr-12312014xex322jzimmer.htm |
| EX-31.2 - EXHIBIT 31.2 - Armour Residential REIT, Inc. | arr-12312014xex312jzimmer.htm |
| EX-31.3 - EXHIBIT 31.3 - Armour Residential REIT, Inc. | arr-12312014xex313jmountain.htm |
| EX-32.3 - EXHIBIT 32.3 - Armour Residential REIT, Inc. | arr-12312014xex323jmountain.htm |
| 10-K - 10-K - Armour Residential REIT, Inc. | arr-12312014x10k.htm |
EXHIBIT 12.1
RATIO OF EARNINGS TO FIXED CHARGES AND RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (UNAUDITED)
For the Years Ended | |||||||||||
December 31, 2014 | December 31, 2013 | December 31, 2012 | December 31, 2011 | December 31, 2010 | |||||||
(in thousands) | |||||||||||
Income (loss) before taxes | $(179,048) | $(187,054) | $222,282 | $(9,391) | $6,537 | ||||||
Fixed charges (interest expense) | $65,113 | $84,550 | $61,195 | $11,856 | $1,207 | ||||||
Earnings adjusted | $(113,935) | $(102,504) | $283,477 | $2,465 | $7,744 | ||||||
Ratio of earnings to fixed charges | (1.75) | (1.21) | 4.63 | 0.21 | 6.42 | ||||||
Deficiency | $179,048 | $187,054 | $(222,282) | $9,391 | — | ||||||
Preferred stock dividends | 15,620 | $14,213 | $1,964 | — | (1) | — | (1) | ||||
Combined fixed charges and preferred stock dividends | $80,733 | $98,763 | $63,159 | $11,856 | $1,207 | ||||||
Ratio of earnings to combined fixed charges and preferred stock dividends. | (1.41) | (1.04) | 4.49 | 0.21 | 6.42 | ||||||
Deficiency | $194,668 | $201,267 | — | $9,391 | — | ||||||
(1) We did not have any preferred stock outstanding for these years.