Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - American Residential Properties, Inc. | Financial_Report.xls |
EX-31.2 - EXHIBIT 31.2 - American Residential Properties, Inc. | arpi12312014ex312.htm |
EX-21.1 - EXHIBIT 21.1 - American Residential Properties, Inc. | arpi12312014ex211.htm |
EX-32.2 - EXHIBIT 32.2 - American Residential Properties, Inc. | arpi12312014ex322.htm |
EX-23.1 - EXHIBIT 23.1 - American Residential Properties, Inc. | arpi12312014ex231.htm |
EX-31.1 - EXHIBIT 31.1 - American Residential Properties, Inc. | arpi12312014ex311.htm |
10-K - 10-K - American Residential Properties, Inc. | arpi1231201410k.htm |
EX-32.1 - EXHIBIT 32.1 - American Residential Properties, Inc. | arpi12312014ex321.htm |
AMERICAN RESIDENTIAL PROPERTIES, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands)
Year ended December 31, | Period from March 30, (inception) to December 31, | |||||||||||
2014 | 2013 | 2012 | ||||||||||
Earnings: | ||||||||||||
Loss from continuing operations before equity in net income of unconsolidated ventures | $ | (37,475 | ) | $ | (25,411 | ) | $ | (6,321 | ) | |||
Fixed charges | 24,124 | 5,285 | 27 | |||||||||
Less capitalized interest | (1,193 | ) | — | — | ||||||||
Total Earnings available for fixed charges | $ | (14,544 | ) | $ | (20,126 | ) | $ | (6,294 | ) | |||
Fixed Charges: | ||||||||||||
Interest expense | $ | 16,491 | $ | 3,385 | $ | — | ||||||
Capitalized interest | 1,193 | — | — | |||||||||
Amortization of debt issuance costs | 6,173 | 1,728 | — | |||||||||
Portion of rental expense which represents interest factor | 267 | 172 | 27 | |||||||||
Total Fixed Charges | $ | 24,124 | $ | 5,285 | $ | 27 | ||||||
Ratio of earnings to fixed charges | * | * | * |
______________
* | Earnings for the years ended December 31, 2014 and 2013 and for the period March 30, 2012 (inception) through December 31, 2012 were insufficient to cover fixed charges by $37,475, $25,411 and $6,321, respectively. |