| NorthStar Europe Period | Prior Owner Period | ||||||||||||||||||
| Year Ended December 31, | Year Ended December 31, | September 16 to December 31, | January 1 to September 15, | Year Ended December 31, | |||||||||||||||
| 2016 | 2015 | 2014 | 2014 | 2013 | |||||||||||||||
| Earnings | |||||||||||||||||||
| Income (loss) before income tax benefit (expense) | $ | (59,760 | ) | $ | (144,818 | ) | $ | (33,906 | ) | $ | (3,007 | ) | $ | 1,633 | |||||
| Add (subtract): | |||||||||||||||||||
| Interest expense | 41,439 | 36,129 | 165 | 3,486 | 4,666 | ||||||||||||||
| Total earnings | $ | (18,321 | ) | $ | (108,689 | ) | $ | (33,741 | ) | $ | 479 | $ | 6,299 | ||||||
| Fixed Charges | |||||||||||||||||||
| Interest expense | 41,439 | 36,129 | 165 | 3,486 | 4,666 | ||||||||||||||
| Total Fixed Charges | 41,439 | 36,129 | 165 | 3,486 | 4,666 | ||||||||||||||
| Total Combined Fixed Charges and Preferred Stock Dividends | $ | 41,439 | $ | 36,129 | $ | 165 | $ | 3,486 | $ | 4,666 | |||||||||
| Ratio of earnings to fixed charges | (0.44 | ) | (3.01 | ) | (204.49 | ) | 0.14 | 1.35 | |||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends(1) | NA | NA | NA | NA | NA | ||||||||||||||
| Deficiency related to ratio of earnings to fixed charges | $ | (59,760 | ) | $ | (144,818 | ) | $ | (33,906 | ) | NA | NA | ||||||||
| (1) | Because there was no preferred stock outstanding for the periods presented, the ratio is not applicable. |
