EX-12.1 2 ex12-1.htm EXHIBIT 12.1 ex12-1.htm
 
EXHIBIT 12.1
 
RATIO OF EARNINGS TO FIXED CHARGES

   
For the Years Ended
    
   
 
December 31,
2012
    
December 31,
2011
  
December 31,
2010
    
December 31,
2009
    
   
(in thousands)
    
                           
Net Income (Loss) available (related) to common stockholders
  
$
220,342
    
$
(9,442
)
  
$
6,537
    
$
(2,350
)
  
Additional fixed charge (interest expense)
  
$
61,195
    
$
11,856
    
$
1,207
    
$
14
    
Earnings adjusted
  
$
281,537
    
$
2,414
    
$
7,744
    
$
(2,336
)
  
Ratio of earnings to fixed charges
    
4.60
      
 0.20
      
 6.42
      
NM
   (1) 


(1)  
The Company began operations on November 6, 2009.