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EX-2.1 - EXHIBIT 2.1 - NEW YORK MORTGAGE TRUST INCmembershipinterestpurchase.htm
EX-31.1 - EXHIBIT 31.1 - NEW YORK MORTGAGE TRUST INCcopyofex311.htm
EX-32.1 - EXHIBIT 32.1 - NEW YORK MORTGAGE TRUST INCcopyofex321.htm
10-Q - 10-Q - NEW YORK MORTGAGE TRUST INCnymt-03312016x10q.htm
EX-31.2 - EXHIBIT 31.2 - NEW YORK MORTGAGE TRUST INCcopyofex312.htm
Exhibit 12.1

 Ratio of Earnings to Fixed Charges
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(dollars in thousands)


 
For the Three Months Ended March 31,
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
 
2013
 
2012
 
2011
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax income from operations
$
17,142

 
$
82,548

 
$
142,586

 
$
69,694

 
$
29,100

 
$
5,243

Fixed charges
63,984

 
260,651

 
301,010

 
231,178

 
105,926

 
4,837

Dividends distributed to shareholders
26,256

 
113,318

 
86,705

 
61,302

 
22,304

 
8,270

Equity investee adjustment
1,957

 
(3,474
)
 
(2,324
)
 
(185
)
 
(38
)
 
(174
)
Noncontrolling interest

 

 

 

 
97

 
(97
)
Total Earnings
$
109,341

 
$
453,043

 
$
527,977

 
$
361,989

 
$
157,389

 
$
18,079

Fixed Charges:
 
 
 
 
 
 
 
 
 
 

Interest expense
$
63,984

 
$
260,651

 
$
301,010

 
$
231,178

 
$
105,926

 
$
4,837

Total Fixed Charges
63,984

 
260,651

 
301,010

 
231,178

 
105,926

 
4,837

Preferred stock dividends
3,225

 
10,990

 
5,812

 
3,568

 

 

Total Combined Fixed Charges and Preferred Stock Dividends
$
67,209

 
$
271,641

 
$
306,822

 
$
234,746

 
$
105,926

 
$
4,837

Ratio of earnings to fixed charges
1.71

 
1.74

 
1.75

 
1.57

 
1.49

 
3.74

Ratio of earnings to combined fixed charges and preferred stock dividends
1.63

 
1.67

 
1.72

 
1.54

 
1.49

 
3.74

Deficiency related to ratio of earnings to fixed charges
NA

 
NA

 
NA

 
NA

 
NA

 
NA

Deficiency related to ratio of earnings to combined fixed charges and preferred stock dividends
NA

 
NA

 
NA

 
NA

 
NA

 
NA