Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - AGREE REALTY CORP | tv485617_ex99-1.htm |
| EX-32.2 - EXHIBIT 32.2 - AGREE REALTY CORP | tv485617_ex32-2.htm |
| EX-32.1 - EXHIBIT 32.1 - AGREE REALTY CORP | tv485617_ex32-1.htm |
| EX-31.2 - EXHIBIT 31.2 - AGREE REALTY CORP | tv485617_ex31-2.htm |
| EX-31.1 - EXHIBIT 31.1 - AGREE REALTY CORP | tv485617_ex31-1.htm |
| EX-23.1 - EXHIBIT 23.1 - AGREE REALTY CORP | tv485617_ex23-1.htm |
| EX-21 - EXHIBIT 21 - AGREE REALTY CORP | tv485617_ex21.htm |
| EX-10.17 - EXHIBIT 10.17 - AGREE REALTY CORP | tv485617_ex10-17.htm |
| EX-10.14 - EXHIBIT 10.14 - AGREE REALTY CORP | tv485617_ex10-14.htm |
| 10-K - FORM 10-K - AGREE REALTY CORP | tv485617_10k.htm |
EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
| Year | Year | Year | Year | Year | ||||||||||||||||
| Ended | Ended | Ended | Ended | Ended | ||||||||||||||||
| December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 | ||||||||||||||||
| Income From Continuing Operations | 58,790 | 45,797 | 39,762 | 18,776 | $ | 18,945 | ||||||||||||||
| Add: | ||||||||||||||||||||
| Interest on indebtedness | 17,158 | 14,521 | 11,616 | 7,636 | 5,739 | |||||||||||||||
| Amortization of financing costs | 979 | 822 | 690 | 951 | 736 | |||||||||||||||
| Earnings | $ | 76,927 | $ | 61,140 | $ | 52,068 | $ | 27,363 | $ | 25,420 | ||||||||||
| Fixed charges and preferred stock dividends: | ||||||||||||||||||||
| Interest on indebtedness and capitalized interest | $ | 17,728 | $ | 14,732 | $ | 11,655 | $ | 7,899 | $ | 6,306 | ||||||||||
| Amortization of financing costs | 979 | 822 | 690 | 951 | 736 | |||||||||||||||
| Fixed charges | 18,707 | 15,554 | 12,345 | 8,850 | 7,042 | |||||||||||||||
| Add: | ||||||||||||||||||||
| Preferred stock dividends | - | - | - | - | - | |||||||||||||||
| Combined fixed charges and preferred stock dividends | $ | 18,707 | $ | 15,554 | $ | 12,345 | $ | 8,850 | $ | 7,042 | ||||||||||
| Ratio of earnings to fixed charges | 4.11 | x | 3.93 | x | 4.22 | x | 3.09 | x | 3.61 | x | ||||||||||