- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
Exhibit 12.1
REALTY INCOME CORPORATION
STATEMENTS RE COMPUTATION OF RATIOS
( dollars in thousands )
|
| Years ended December 31, | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
| 2014 |
| 2013 |
| 2012 |
| 2011 |
| 2010 | ||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
| |||||
Interest |
| $ | 205,486 |
| $ | 172,078 |
| $ | 116,294 |
| $ | 103,821 |
| $ | 89,906 |
|
Amortization of fees |
| 10,880 |
| 9,364 |
| 6,849 |
| 5,265 |
| 3,888 |
| |||||
Interest capitalized |
| 444 |
| 537 |
| 498 |
| 438 |
| 10 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Fixed charges |
| $ | 216,810 |
| $ | 181,979 |
| $ | 123,641 |
| $ | 109,524 |
| $ | 93,804 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income from continuing operations |
| $ | 269,140 |
| $ | 180,613 |
| $ | 141,895 |
| $ | 140,659 |
| $ | 112,326 |
|
Plus fixed charges |
| 216,810 |
| 181,979 |
| 123,641 |
| 109,524 |
| 93,804 |
| |||||
Less interest capitalized |
| (444) |
| (537) |
| (498) |
| (438) |
| (10 | ) | |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Earnings from continuing operations before fixed charges |
| $ | 485,506 |
| $ | 362,055 |
| $ | 265,038 |
| $ | 249,745 |
| $ | 206,120 |
|
Divided by fixed charges |
| $ | 216,810 |
| $ | 181,979 |
| $ | 123,641 |
| $ | 109,524 |
| $ | 93,804 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Ratio of earnings from continuing operations to fixed charges |
| 2.2 |
| 2.0 |
| 2.1 |
| 2.3 |
| 2.2 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Ratio of earnings from continuing operations to combined fixed charges and preferred stock dividends |
| 1.9 |
| 1.6 |
| 1.6 |
| 1.9 |
| 1.7 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Preferred stock dividends |
| $37,062 |
| $41,930 |
| $40,918 |
| $24,253 |
| $24,253 |
|