Attached files
| file | filename |
|---|---|
| EX-8.1 - EX-8.1 - Ready Capital Corp | a18-12287_2ex8d1.htm |
| EX-5.1 - EX-5.1 - Ready Capital Corp | a18-12287_2ex5d1.htm |
| EX-4.2 - EX-4.2 - Ready Capital Corp | a18-12287_2ex4d2.htm |
| EX-1.1 - EX-1.1 - Ready Capital Corp | a18-12287_2ex1d1.htm |
| 8-K - 8-K - Ready Capital Corp | a18-12287_28k.htm |
SUTHERLAND ASSET MANAGEMENT CORPORATION
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIOS)
|
|
|
For the year ended December 31, |
| |||||||||||||
|
|
|
2017 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Fixed Charges |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Interest-Expensed |
|
$ |
74,646 |
|
$ |
57,772 |
|
$ |
47,806 |
|
$ |
19,245 |
|
$ |
2,183 |
|
|
Total Fixed Charges |
|
$ |
74,646 |
|
$ |
57,772 |
|
$ |
47,806 |
|
$ |
19,245 |
|
$ |
2,183 |
|
|
Earnings |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Net Income |
|
$ |
45,439 |
|
$ |
53,406 |
|
$ |
44,768 |
|
$ |
32,722 |
|
$ |
460 |
|
|
Add Back: |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Fixed Charges |
|
$ |
74,646 |
|
$ |
57,772 |
|
$ |
47,806 |
|
$ |
19,245 |
|
$ |
2,183 |
|
|
Total Earnings (Loss) |
|
$ |
120,085 |
|
$ |
111,178 |
|
$ |
92,574 |
|
$ |
51,967 |
|
$ |
2,643 |
|
|
Ratio of Earnings to Fixed Charges |
|
1.61x |
|
1.92x |
|
1.94x |
|
2.70x |
|
1.21x |
| |||||
SUTHERLAND ASSET MANAGEMENT CORPORATION
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
(IN THOUSANDS, EXCEPT RATIOS)
|
|
|
For the year ended December 31, |
| |||||||||||||
|
|
|
2017 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Fixed Charges |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Interest-Expensed |
|
$ |
74,646 |
|
$ |
57,772 |
|
$ |
47,806 |
|
$ |
19,245 |
|
$ |
2,183 |
|
|
Preferred Stock Dividends |
|
$ |
— |
|
$ |
— |
|
$ |
13 |
|
$ |
16 |
|
$ |
3 |
|
|
Total Fixed Charges |
|
$ |
74,646 |
|
$ |
57,772 |
|
$ |
47,819 |
|
$ |
19,261 |
|
$ |
2,186 |
|
|
Earnings |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Net Income |
|
$ |
45,439 |
|
$ |
53,406 |
|
$ |
44,768 |
|
$ |
32,722 |
|
$ |
460 |
|
|
Add Back: |
|
|
|
|
|
|
|
|
|
|
| |||||
|
Fixed Charges |
|
$ |
74,646 |
|
$ |
57,772 |
|
$ |
47,819 |
|
$ |
19,261 |
|
$ |
2,186 |
|
|
Total Earnings (Loss) |
|
$ |
120,085 |
|
$ |
111,178 |
|
$ |
92,587 |
|
$ |
51,983 |
|
$ |
2,646 |
|
|
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
|
1.61x |
|
1.92x |
|
1.94x |
|
2.70x |
|
1.21x |
| |||||