KIMCO REALTY CORP - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - April 28, 2017

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-12.2 - EXHIBIT 12.2 - KIMCO REALTY CORPex12-2.htm
10-Q - FORM 10-Q - KIMCO REALTY CORPkim20170331_10q.htm

Exhibit 12.1

 

KIMCO REALTY CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

For the three months ended March 31, 2017

(in thousands, except for ratio)

 

 

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

   $ 49,114  
         
         

Add:

        

Interest on indebtedness (excluding capitalized interest)

     46,027  

Amortization of debt premiums, discounts and capitalized expenses

     1,860  

Amortization of capitalized interest

     1,270  

Portion of rents representative of the interest factor

     1,878  
      100,149  
         

Distributed income from equity investees

     13,258  
         

Pretax earnings from continuing operations, as adjusted

   $ 113,407  
         
         

Fixed charges -

        

Interest on indebtedness (excluding capitalized interest)

   $ 46,027  

Capitalized interest

     2,883  

Amortization of debt premiums, discounts and capitalized expenses

     1,860  

Portion of rents representative of the interest factor

     1,878  
         

Fixed charges

   $ 52,648  
         

Ratio of earnings to fixed charges

     2.2  

KIMCO REALTY CORP Reports