EX-12.1 2 exhibit121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)
For the Nine Months
Ended
September 30, 2016
 
 
Income before income taxes, real estate dispositions and noncontrolling interest
$
83,824

Interest expense
 
Term loans, senior notes and other debt
35,210

Earnings
$
119,034

 
 
Interest
 
Term loans, senior notes and other debt expense
$
35,210

Fixed charges
$
35,210

 
 
Ratio of Earnings to Fixed Charges
3.4