URSTADT BIDDLE PROPERTIES INC - FORM 10-K - EX-12 - EXHIBIT 12 10K 2017 - January 12, 2018

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EX-10.4 - FORM OF RESTRICTED STOCK AWARD AGREEMENT (NON-EMPLOYEE DIRECTOR) - URSTADT BIDDLE PROPERTIES INCexhibit10_4.htm
EX-32 - EXHIBIT 32 10K 2017 - URSTADT BIDDLE PROPERTIES INCexhibit32.htm
EX-31.2 - EXHIBIT 31.2 10K 2017 - URSTADT BIDDLE PROPERTIES INCexhibit31_2.htm
EX-31.1 - EXHIBIT 31.1 10K 2017 - URSTADT BIDDLE PROPERTIES INCexhibit31_1.htm
EX-23 - EXHIBIT 23 10K 2017 - URSTADT BIDDLE PROPERTIES INCexhibit_23.htm
EX-21 - EXHIBIT 21 10K 2017 - URSTADT BIDDLE PROPERTIES INCexhibit_21.htm
EX-10.5 - FORM OF RESTRICTED STOCK AWARD AGREEMENT (CHAIRMAN) - URSTADT BIDDLE PROPERTIES INCexhibit10_5.htm
EX-10.3 - FORM OF RESTRICTED STOCK AWARD AGREEMENT (EMPLOYEE DIRECTOR) - URSTADT BIDDLE PROPERTIES INCexhibit10_3.htm
EX-10.2 - FORM OF RESTRICTED STOCK AWARD AGREEMENT (NON-DIRECTOR EMPLOYEE) - URSTADT BIDDLE PROPERTIES INCexhibit10_2.htm
10-K - FORM 10K 2017 - URSTADT BIDDLE PROPERTIES INCform10k2017.htm
EXHIBIT 12

URSTADT BIDDLE PROPERTIES INC.
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS
(Amounts in thousands, except ratio calculations)


Statement Setting Forth Computation Showing the Ratio
of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
  
2017
    
2016
    
2015
    
2014
    
2013
  
Earnings:
                              
Income from Continuing Operations
  
$
37,169
    
$
36,031
    
$
29,838
    
$
29,032
    
$
28,856
  
Add: Interest Expense
    
12,981
      
12,983
      
13,475
      
10,235
      
9,094
  
                                         
Total earnings available to cover fixed charges
  
$
50,150
    
$
49,014
    
$
43,313
    
$
39,267
    
$
37,950
  
                                         
Fixed Charges (Interest Expense Only):
                                        
Interest Expense
  
$
12,981
    
$
12,983
    
$
13,475
    
$
10,235
    
$
9,094
  
                                         
Total Fixed Charges Including Interest Expense and Preferred Stock Dividends:
                                        
Interest Expense
  
$
12,981
    
$
12,983
    
$
13,475
    
$
10,235
    
$
9,094
  
Preferred Stock Dividends
    
14,960
      
14,280
      
14,605
      
13,812
      
14,949
  
Allocations pursuant to EITF Topic D-42
    
4,075
      
-
      
-
      
1,870
      
4,233
  
                                         
Total Fixed Charges
  
$
32,016
    
$
27,263
    
$
28,080
    
$
25,917
    
$
28,276
  
                                         
Ratio of Earnings to Fixed Charges
    
3.86
      
3.78
      
3.21
      
3.84
      
4.17
  
Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
    
1.57
  (1)    
1.80
      
1.54
      
1.52
 (1)    
1.34
 (1) 

(1) The calculation of Combined Fixed Charges and Preferred Dividends include allocations pursuant to EITF Topic D-42.

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