RPT Realty - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - May 4, 2017

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EX-32.2 - EXHIBIT 32.2 - RPT Realtyrpt-ex322_2017331xq1.htm
EX-32.1 - EXHIBIT 32.1 - RPT Realtyrpt-ex321_2017331xq1.htm
EX-31.2 - EXHIBIT 31.2 - RPT Realtyrpt-ex312_2017331xq1.htm
EX-31.1 - EXHIBIT 31.1 - RPT Realtyrpt-ex311_2017331xq1.htm
10-Q - 10-Q - RPT Realtyrpt-2017331x10q.htm


Exhibit 12.1

 
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31,
 
 
 
 
2017
 
2016
 
 
 
 
 
 
Pretax income before adjustment for noncontrolling interest
 
$
13,442

 
$
12,204

 
 
 
 
 
 
 
 
Add back:
 
 
 
 
 
 
Fixed charges
 
10,981

 
11,559

 
 
Distributed income of equity investees
 
374

 
58

 
Deduct:
 
 
 
 
 
 
Equity in earnings of equity investees
 
(86
)
 
(109
)
 
 
Capitalized interest
 
(54
)
 
(204
)
 
Earnings as Defined
 
$
24,657

 
$
23,508

 
 
 
 
 
 
 
 
Fixed Charges
 
 
 
 
 
 
Interest expense including amortization of deferred financing fees
 
$
10,799

 
$
11,302

 
 
Capitalized interest
 
54

 
204

 
 
Interest portion of rent expense
 
128

 
53

 
Fixed Charges
 
10,981

 
11,559

 
 
Preferred share dividends
 
1,675

 
1,675

 
Combined Fixed Charges and Preferred Dividends
 
$
12,656

 
$
13,234

 
 
 
 
 
 
 
 
Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
 
1.95

 
1.78

 
 
 
 
 
 
 



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