Exhibit 12.1
Ratio of Earnings to Fixed Charges
Period | ||||||||||||||||
Nine | Nine | from | ||||||||||||||
Months | Months | March 14, | ||||||||||||||
Ended | Ended | Year Ended | 2008 to | |||||||||||||
September 30, | September 30, | December 31, | December 31, | |||||||||||||
2010 | 2009 | 2009 | 2008 | |||||||||||||
Earnings: | ||||||||||||||||
(a) Pre-tax income (loss) from continuing operations before adjustment for income or loss from equity investees | $ | (9,118 | ) | (468 | ) | (647 | ) | 1,047 | ||||||||
(b) Fixed charges | 3,602 | — | — | — | ||||||||||||
(c) amortization of capitalized interest | — | — | — | — | ||||||||||||
(d) distributed income of equity investees | — | — | — | — | ||||||||||||
(e) share of pre-tax losses of equity investees for which charges arising from guarantees are included in fixed charges | — | — | — | — | ||||||||||||
Less: | ||||||||||||||||
(a) Interest capitalized | (1,776 | ) | — | — | — | |||||||||||
(b) preference security dividend requirements of consolidated subsidiaries | — | — | — | — | ||||||||||||
(c) the noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges | — | — | — | — | ||||||||||||
Total | $ | (7,292 | ) | (468 | ) | (647 | ) | 1,047 | ||||||||
Fixed charges: | ||||||||||||||||
(a) Interest expensed and capitalized | 3,401 | — | — | — | ||||||||||||
(b) amortized premiums, discounts and capitalized expenses related to indebtedness | 201 | — | — | — | ||||||||||||
(c) an estimate of the interest within rental expense | — | — | — | — | ||||||||||||
(d) preference security dividend requirements of consolidated subsidiaries | — | — | — | — | ||||||||||||
Total | $ | 3,602 | — | — | — | |||||||||||
Not | Not | Not | ||||||||||||||
Earnings to fixed charges | (A | ) | Applicable | Applicable | Applicable | |||||||||||
(A) Additional pre-tax income from continuing operations before adjustment for income or loss from equity investees necessary to generate a ratio of earnings to fixed charges of 1.00 | 10,894 | — | — | — |