Six Months Ended June 30, 2014 | ||||
Earnings: | ||||
Income from continuing operations before equity in income of unconsolidated entities and income taxes | $ | 15,051 | ||
Combined fixed charges and preferred share dividends (from below) | 56,977 | |||
Amortization of capitalized interest | 1,162 | |||
Distributed income of equity investees | 53 | |||
Subtract: | ||||
Capitalized interest (from below) | (3,011 | ) | ||
Preferred share dividends included in fixed charges | (8,834 | ) | ||
Preferred unit distributions included in fixed charges | (330 | ) | ||
Preferred distributions of other consolidated entities | (8 | ) | ||
Total earnings | $ | 61,060 | ||
Combined Fixed Charges and Preferred Share Dividends: | ||||
Combined fixed charges and preferred share dividends: | ||||
Interest expense on continuing operations | $ | 44,305 | ||
Capitalized interest (internal and external) | 3,011 | |||
Amortization of debt issuance costs-capitalized | 161 | |||
Interest included in rental expense | 328 | |||
Preferred share dividends | 8,834 | |||
Preferred unit distributions | 330 | |||
Preferred distributions of other consolidated entities | 8 | |||
Total combined fixed charges and preferred share dividends | $ | 56,977 | ||
Ratio of earnings to combined fixed charges and preferred share dividends | 1.07 | |||