Exhibit 12.2
Kimco Realty Corporation and Subsidiaries | ||||
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends | ||||
For the six months ended June 30, 2015 | ||||
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees | $ | 170,057,818 | ||
Add: | ||||
Interest on indebtedness (excluding capitalized interest) | 118,755,000 | |||
Amortization of debt related expenses | (5,975,504 | ) | ||
Portion of rents representative of the interest factor | 4,051,056 | |||
286,888,370 | ||||
Distributed income from equity investees | 119,525,869 | |||
Pretax earnings from continuing operations, as adjusted | $ | 406,414,239 | ||
Combined fixed charges and preferred stock dividends - | ||||
Interest on indebtedness (including capitalized interest) | $ | 121,179,087 | ||
Preferred dividend factor | 29,760,063 | |||
Amortization of debt related expenses | (8,332,337 | ) | ||
Portion of rents representative of the interest factor | 4,051,056 | |||
Combined fixed charges and preferred stock dividends | $ | 146,657,869 | ||
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends | 2.8 |