Exhibit 12.1
Statements re: Computation of Ratios
Year Ended December 31, | ||||||||||||||||||||
2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||
Fixed charges(1) | $ | 86,073 | $ | 89,265 | $ | 95,830 | $ | 115,707 | $ | 181,324 | ||||||||||
Preferred stock dividends | 5,773 | 5,885 | 5,764 | 5,906 | 5,928 | |||||||||||||||
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Combined fixed charges and preferred stock dividends | $ | 91,846 | $ | 95,150 | $ | 101,594 | $ | 121,613 | $ | 187,252 | ||||||||||
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Fixed charges | $ | 91,846 | $ | 95,150 | $ | 101,594 | $ | 121,613 | $ | 187,252 | ||||||||||
Income (loss) from continuing operations | 100,218 | 122,876 | 110,499 | 130,234 | 55,049 | |||||||||||||||
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$ | 192,064 | $ | 218,026 | $ | 212,093 | $ | 251,847 | $ | 242,301 | |||||||||||
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Deficiency | $ | 0 | $ | 0 | $ | 0 | $ | 0 | $ | 0 | ||||||||||
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Ratio of earnings to combined fixed charges and preferred stock dividends | 2.09 | 2.29 | 2.09 | 2.07 | 1.29 |
(1) | Fixed charges consist of interest expense on all indebtedness. |