Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - Armour Residential REIT, Inc. | arr-12312015xex321sulm.htm |
| EX-31.1 - EXHIBIT 31.1 - Armour Residential REIT, Inc. | arr-12312015xex311sulm.htm |
| EX-31.2 - EXHIBIT 31.2 - Armour Residential REIT, Inc. | arr-12312015xex312jzimmer.htm |
| EX-32.2 - EXHIBIT 32.2 - Armour Residential REIT, Inc. | arr-12312015xex322jzimmer.htm |
| EX-32.3 - EXHIBIT 32.3 - Armour Residential REIT, Inc. | arr-12312015xex323jmountain.htm |
| EX-31.3 - EXHIBIT 31.3 - Armour Residential REIT, Inc. | arr-12312015xex313jmountain.htm |
| 10-K - 10-K - Armour Residential REIT, Inc. | arr-12312015x10k.htm |
| EX-23.1 - EXHIBIT 23.1 - Armour Residential REIT, Inc. | arr10-k2015exhibit231.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, 2015 | December 31, 2014 | December 31, 2013 | December 31, 2012 | December 31, 2011 | |||||||
(in thousands) | |||||||||||
Income (loss) before taxes | $(31,205) | $(179,048) | $(187,054) | $222,282 | $(9,391) | ||||||
Fixed charges (interest expense) | $59,278 | $65,113 | $84,550 | $61,195 | $11,856 | ||||||
Earnings adjusted | $28,073 | $(113,935) | $(102,504) | $283,477 | $2,465 | ||||||
Ratio of earnings to fixed charges | 0.47 | (1.75) | (1.21) | 4.63 | 0.21 | ||||||
Deficiency | $31,205 | $179,048 | $187,054 | — | $9,391 | ||||||
Preferred stock dividends | 15,622 | 15,620 | $14,213 | $1,964 | — | (1) | |||||
Combined fixed charges and preferred stock dividends | $74,900 | $80,733 | $98,763 | $63,159 | $11,856 | ||||||
Ratio of earnings to combined fixed charges and preferred stock dividends. | 0.37 | (1.41) | (1.04) | 4.49 | 0.21 | ||||||
Deficiency | $46,827 | $194,668 | $201,267 | — | $9,391 | ||||||
(1) We did not have any preferred stock outstanding for this year.