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EX-32.2 - EXHIBIT 32.2 - RPT Realtyrpt-ex322_2018630xq2.htm
EX-32.1 - EXHIBIT 32.1 - RPT Realtyrpt-ex321_2018630xq2.htm
EX-31.2 - EXHIBIT 31.2 - RPT Realtyrpt-ex312_2018630xq2.htm
EX-31.1 - EXHIBIT 31.1 - RPT Realtyrpt-ex311_2018630xq2.htm
EX-10.3 - EXHIBIT 10.3 - RPT Realtyrpt-ex103_2018630xq2.htm
EX-10.2 - EXHIBIT 10.2 - RPT Realtyrpt-ex102_2018630xq2.htm
EX-10.1 - EXHIBIT 10.1 - RPT Realtyrpt-ex101_2018630xq2.htm
10-Q - 10-Q - RPT Realtyrpt-2018630x10q.htm


Exhibit 12.1

 
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Pretax income before adjustment for noncontrolling interest
$
4,436

 
$
6,277

 
$
11,914

 
$
19,719

 
 
 
 
 
 
 
 
 
 
 
Add back:
 
 
 
 
 
 
 
 
 
Fixed charges
11,191

 
11,677

 
22,188

 
22,658

 
 
Distributed income of equity investees
259

 
104

 
481

 
478

 
Deduct:
 
 
 
 
 
 
 
 
 
Equity in earnings of equity investees
(202
)
 
(55
)
 
(273
)
 
(141
)
 
 
Capitalized interest
(331
)
 
(64
)
 
(576
)
 
(118
)
 
Earnings as Defined
$
15,353

 
$
17,939

 
$
33,734

 
$
42,596

 
 
 
 
 
 
 
 
 
 
 
Fixed Charges
 
 
 
 
 
 
 
 
 
Interest expense including amortization of deferred financing fees
$
10,708

 
$
11,486

 
$
21,309

 
$
22,285

 
 
Capitalized interest
331

 
64

 
576

 
118

 
 
Interest portion of rent expense
152

 
127

 
303

 
255

 
Fixed Charges
11,191

 
11,677

 
22,188

 
22,658

 
 
Preferred share dividends
1,675

 
1,675

 
3,350

 
3,350

 
Combined Fixed Charges and Preferred Dividends
$
12,866

 
$
13,352

 
$
25,538

 
$
26,008

 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
1.19

 
1.34

 
1.32

 
1.64