Arlington Asset Investment (AAIC) 10-K2011 FY Annual report

Filed: 23 Feb 12, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: AA, accelerate, adversarial, Affordability, Affordable, aforementioned, anniversary, assert, asserted, Attached, attention, automatic, bar, belief, Brian, brought, casualty, CDO, ceiling, Civ, concept, contemplated, contingency, contributor, cooperating, correlate, correlation, council, criminal, defense, deficiency, denominated, depository, discretionary, disgorgement, distracting, drastically, enable, encumbered, es, European, extraordinary, facilitating, Fargo, FirstCity, flat, formal, formatted, haircut, HARP, HASP, heavily, heightened, Hildene, history, Homeowner, imperfect, improper, injunctive, inquiry, interagency, inversely, inverted, Jane, judicial, Kohlberg, Language, larger, Main, misapplication, misconduct, narrow, nonbank, nondepository, notable, notably, oral, outlining, overhaul, perfect, perfected, perspective, point, Poor, poorer, possession, premise, prioritized, prolonged, prudential, reach, reached, reallocate, reallocating, Reconsideration, reorganization, Resource, rulemaking, scrutiny, situation, slight, slowdown, Soloso, sooner, speak, stay, study, submission, Supplementary, Taxation, tied, transforming, Tropic, turmoil, Twist, undecided, undertaken, undertook, undiscounted, unique, unknown, unlawful, unlevered, unscheduled, unwind, VI, violation, Virtually, weighed, white, wrongdoing, XBRL

Removed: accreting, amortizing, andKurt, appointed, appointment, appointsEric, approach, assumption, authorization, aware, behavior, bureau, calculating, collect, committed, commodity, conserve, consistency, contract, converted, deducted, defendant, distributed, duty, eliminating, enforce, entry, exceeding, excluding, fulfilling, geographic, gradually, heading, illiquidity, infrastructure, inInternal, intrinsic, malfunctioning, merchant, NLC, nominal, noncontrolling, nonqualified, parent, permitted, pierce, positively, preferable, privately, propose, reflecting, reflective, regulator, reinvesting, relied, relying, replaced, repudiate, retrospective, reversal, revocation, run, scale, single, skilled, SRO, subjected, supervision, surrendered, terminology, transferred, unprecedented, unqualified, unrestricted, veil, Vice

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

AAIC similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.01

Arlington Asset Investment Corp.

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)

	Year Ended December 31,
	2011		2010		2009		2008			2007
Pre-tax income (loss) from continuing operations adjusted to exclude income or loss from equity investees	$	16,753	$	27,087	$	140,981	$	(303,203	)	$	(660,724	)
Distributed income of equity investees		266		222		326		7,355			1,933
Fixed charges:
Interest expense and amortization of debt discount and premium on all indebtedness		2,508		1,155		3,645		72,751			472,100
Rentals		58		54		77		251			2,316
Total fixed charges	$	2,566	$	1,209	$	3,722	$	73,002		$	474,416
Pre-tax income (loss) from continuing operations adjusted to exclude income or loss from equity investees plus fixed charges and distributed income of equity investees	$	19,585	$	28,518	$	145,029	$	(222,846	)	$	(184,375	)
Ratio of earnings to fixed charges		7.6		23.6		39.0	(A		)	(A		)

____________________

(A)	Due to the Company’s losses in 2008 and 2007, the ratio coverage in these years was less than 1:1. The Company would have had to generate additional earnings of $295,848 and $658,791, respectively, to achieve coverage of 1:1 in those years.