EXHIBIT 12.1

STATEMENT REGARDING COMPUTATION

OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

	Year Ended December 31
	2000			2001			2002			2003			2004
	(dollars in thousands)
Earnings:
Income from continuing operations before extraordinary items(1)	$	58,518		$	53,785		$	61,485		$	74,513		$	84,873
Fixed charges		38,866			34,644			44,644			59,833			76,824
Capitalized interest		(3,079	)		(841	)		(170	)		(1,535	)		(875	)
Equity (earnings) losses in less than 50% owned subsidiary		(318	)		(332	)		(15	)		(270	)		0
Earnings	$	93,987		$	87,256		$	105,944		$	132,541		$	160,822
Fixed charges:
Interest expense(2)	$	34,622		$	32,028		$	42,101		$	55,377		$	72,556
Capitalized interest		3,079			841			170			1,535			875
Amortization of loan expenses		1,165			1,775			2,373			2,921			3,393
Fixed charges	$	38,866		$	34,644		$	44,644		$	59,833		$	76,824
Consolidated ratio of earnings to fixed charges		2.42			2.52			2.37			2.22			2.09

(1) Effective January 1, 2003, in accordance with FASB Statement No. 145, we reclassified the losses on extinguishments of debt in 2001 and 2002 to income from continuing operations rather than as extraordinary items as previously required under FASB Statement No. 4.

(2) For purposes of this statement, interest expense consists of interest on all indebtedness including amounts allocated to discontinued operations, in accordance with FASB Statement No. 144.