Exhibit 12.1
Statements re: Computation of Ratios
Nine Months Ended September 30, | Year Ended December 31, | |||||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||
Fixed charges(1) | $ | 89,622 | $ | 181,324 | $ | 224,884 | $ | 202,037 | $ | 131,099 | $ | 70,184 | ||||||||
Preferred stock dividends | 4,462 | 5,929 | 4,749 | 4,044 | 3,901 | 369 | ||||||||||||||
Combined fixed charges and preferred stock dividends | $ | 94,084 | $ | 187,253 | $ | 229,633 | $ | 206,081 | $ | 135,000 | $ | 70,553 | ||||||||
Fixed charges | $ | 94,084 | $ | 187,253 | $ | 229,633 | $ | 206,081 | $ | 135,000 | $ | 70,553 | ||||||||
Income (loss) from continuing operations | 96,464 | 55,049 | (5,178 | ) | (11,441 | ) | 22,275 | 49,980 | ||||||||||||
$ | 190,548 | $ | 242,302 | $ | 224,455 | $ | 194,640 | $ | 157,275 | $ | 120,533 | |||||||||
Deficiency | $ | — | $ | — | $ | (5,178 | ) | $ | (11,441 | ) | $ | — | $ | — | ||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 2.03 | 1.29 | 0.98 | 0.94 | 1.17 | 1.71 |
(1) | Fixed charges consist of interest expense on all indebtedness. |
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