EX-12.1 6 s001826x5_ex12-1.htm STATEMENT OF COMPUTATION


Exhibit 12.1
 
Cherry Hill Mortgage Investment Corporation
Statement of Computation of Ratio of Earnings to Combined Fixed Charges
and Preferred Stock Dividends
(Dollars in Thousands)

.
 
Six Months
Ended
June 30, 2017
Year Ended December 31,
   
 
2016
2015
2014
2013
Two Month Period
October 31, 2012
(date of inception)
to December 31, 2012
Fixed charges(1)
$
6,723
 
$
7,808
 
$
5,983
 
$
4,307
 
$
867
 
$
— 
Preferred stock dividends(2)
 
 
 
 
 
 
 
 
 
 
 
Combined fixed charges and preferred stock dividends
 
6,723
 
 
7,808
 
 
5,983
 
 
4,307
 
 
867
 
 
Net income (loss)
 
20,922
 
 
25,243
 
 
13,355
 
 
2,375
 
 
21,202
 
 
(25)
Earnings
$
27,645
 
$
33,051
 
$
19,338
 
$
6,682
 
$
22,069
 
$
(25)
Ratio of earnings to combined fixed charges and preferred stock dividends
 
4.11x
 
 
4.23x
 
 
3.23x
 
 
1.55x
 
 
25.45x
 
 
N/A
 
(1)          Fixed charges consist of interest expense.
 
(2)          There were no shares of preferred stock issued and outstanding in each period presented.