Attached files
| file | filename |
|---|---|
| EX-31.02 - EXHIBIT 31.02 - Arlington Asset Investment Corp. | v430343_ex31-02.htm |
| EX-21.01 - EXHIBIT 21.01 - Arlington Asset Investment Corp. | v430343_ex21-01.htm |
| EX-23.01 - EXHIBIT 23.01 - Arlington Asset Investment Corp. | v430343_ex23-01.htm |
| EX-32.02 - EXHIBIT 32.02 - Arlington Asset Investment Corp. | v430343_ex32-02.htm |
| EX-31.01 - EXHIBIT 31.01 - Arlington Asset Investment Corp. | v430343_ex31-01.htm |
| EX-32.01 - EXHIBIT 32.01 - Arlington Asset Investment Corp. | v430343_ex32-01.htm |
| 10-K - FORM 10-K - Arlington Asset Investment Corp. | v430343_10k.htm |
Exhibit 12.01
Arlington Asset Investment Corp.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
| Year Ended December 31, | ||||||||||||||||||||
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
| Pre-tax (loss) income from continuing operations adjusted to exclude income or loss from equity investees | $ | (32,403 | ) | $ | 55,189 | $ | 14,253 | $ | 30,788 | $ | 16,753 | |||||||||
| Distributed income of equity investees | 1,628 | 413 | 90 | 384 | 266 | |||||||||||||||
| Fixed charges: | ||||||||||||||||||||
| Interest expense and amortization of debt discount and premium on all indebtedness | 18,889 | 11,391 | 8,529 | 4,965 | 2,508 | |||||||||||||||
| Rentals | 92 | 83 | 81 | 88 | 58 | |||||||||||||||
| Total fixed charges | $ | 18,981 | $ | 11,474 | $ | 8,610 | $ | 5,053 | $ | 2,566 | ||||||||||
| Pre-tax (loss) income from continuing operations adjusted to exclude income or loss from equity investees plus fixed charges and distributed income of equity investees | $ | (11,794 | ) | $ | 67,076 | $ | 22,953 | $ | 36,225 | $ | 19,585 | |||||||||
| Ratio of earnings to fixed charges | (A) | 5.8 | 2.7 | 7.2 | 7.6 | |||||||||||||||
| (A) | Due to the Company’s loss for the year ended December 31, 2015, the ratio coverage in that period was less than 1:1. The Company would have had to generate additional earnings of $30,775 to achieve coverage of 1:1 in that period. |