Attached files

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EX-32.1 - EXHIBIT 32.1 - KIMCO REALTY CORPex32-1.htm
EX-31.2 - EXHIBIT 31.2 - KIMCO REALTY CORPex31-2.htm
EX-31.1 - EXHIBIT 31.1 - KIMCO REALTY CORPex31-1.htm
EX-12.1 - EXHIBIT 12.1 - KIMCO REALTY CORPex12-1.htm
10-Q - FORM 10-Q - KIMCO REALTY CORPkim20160630_10q.htm
   

Exhibit 12.2

 

Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

For the six months ended June 30, 2016

(in thousands, except for ratio)

 

Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees (1)

  $ 262,854  
         
         

Add:

       

Interest on indebtedness (excluding capitalized interest)

    104,537  

Amortization of debt premiums, discounts and capitalized expenses

    6,934  

Amortization of capitalized interest

    2,432  

Portion of rents representative of the interest factor

    3,690  
      380,447  
         

Distributed income from equity investees

    54,029  
         

Pretax earnings from continuing operations, as adjusted

  $ 434,476  
         
         

Combined fixed charges and preferred stock dividends -

       

Interest on indebtedness (excluding capitalized interest)

  $ 104,537  

Capitalized interest

    3,762  

Preferred dividend factor

    23,951  

Amortization of debt premiums, discounts and capitalized expenses

    6,934  

Portion of rents representative of the interest factor

    3,690  
         

Combined fixed charges and preferred stock dividends

  $ 142,874  
         

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

    3.0  

 

(1) Includes an aggregate gain on liquidation of real estate joint venture interests of $136.0 million.