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Exhibit 12
For the year ended December 31, | ||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
Pretax income | (37,682,275 | ) | 11,153,895 | 16,525,130 | 10,538,928 | 542,896 | ||||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest Expense | 984,428 | 1,043,786 | 783,373 | 343,491 | 158,406 | |||||||||||||||
Total earnings | (36,697,847 | ) | 12,197,681 | 17,308,503 | 10,882,419 | 701,302 | ||||||||||||||
Ratio of earnings tofixed charges | (37.28 | ) | 11.69 | 22.09 | 31.68 | 4.43 |