Attached files
file | filename |
---|---|
10-K - 10-K - NorthStar Asset Management Group Inc. | nsam-12312015x10xk.htm |
EX-23.1 - EXHIBIT 23.1 - NorthStar Asset Management Group Inc. | nsam12312015ex231.htm |
EX-21.1 - EXHIBIT 21.1 - NorthStar Asset Management Group Inc. | nsam12312015ex211.htm |
EX-31.1 - EXHIBIT 31.1 - NorthStar Asset Management Group Inc. | nsam12312015ex311.htm |
EX-31.2 - EXHIBIT 31.2 - NorthStar Asset Management Group Inc. | nsam12312015ex312.htm |
EX-32.2 - EXHIBIT 32.2 - NorthStar Asset Management Group Inc. | nsam12312015ex322.htm |
EX-32.1 - EXHIBIT 32.1 - NorthStar Asset Management Group Inc. | nsam12312015ex321.htm |
EX-10.25 - EXHIBIT 10.25 - NorthStar Asset Management Group Inc. | nsam12312015ex1025.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges
Ratio of Earnings to Combined Fixed Charges
(dollars in thousands)
Years Ended December 31, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Earnings | |||||||||||||||||||
Income (loss) before equity in earnings (losses) of unconsolidated ventures and income tax benefit (expense) | $ | 140,991 | $ | 21,761 | $ | (1,995 | ) | $ | (17,322 | ) | $ | (256,882 | ) | ||||||
Add (subtract): | |||||||||||||||||||
Distributions from unconsolidated ventures | 10,793 | — | — | — | — | ||||||||||||||
Interest expense | 778 | — | — | — | — | ||||||||||||||
Total earnings | $ | 152,562 | $ | 21,761 | $ | (1,995 | ) | $ | (17,322 | ) | $ | (256,882 | ) | ||||||
Fixed Charges | |||||||||||||||||||
Interest expense | 778 | — | — | — | — | ||||||||||||||
Total Fixed Charges | 778 | — | — | — | — | ||||||||||||||
Total Combined Fixed Charges and Preferred Stock Dividends | $ | 778 | $ | — | $ | — | $ | — | $ | — | |||||||||
Ratio of earnings to fixed charges(1) | 196.10 | NA | NA | NA | NA | ||||||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends(2) | NA | NA | NA | NA | NA | ||||||||||||||
Deficiency related to ratio of earnings to fixed charges | NA | NA | NA | NA | NA |
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(1) | Because there were no fixed charges prior to 2015 the ratio is not applicable. |
(2) | Because there was no preferred stock outstanding for the periods presented, the ratio is not applicable. |