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EXHIBIT 12.1
Computation of Ratio of Debt to Equity
Year ended December 31, | ||||||||||||||||||
Dollars in thousands | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||
Debt | $327,623 | $ | 349,073 | $ | 404,540 | $ | 348,795 | $ | 314,958 | |||||||||
Equity | 287,159 | 286,096 | 278,088 | 274,670 | 273,495 | |||||||||||||
Debt to equity | 1.14 | 1.22 | 1.45 | 1.27 | 1.15 |