Three Months Ended | ||||
March 31, 2015 | ||||
Earnings: | ||||
Income from continuing operations before equity in income of unconsolidated entities and income taxes | $ | 11,017 | ||
Gain on sales of real estate, excluding discontinued operations | 3,986 | |||
Combined fixed charges and preferred share dividends (from below) | 26,834 | |||
Amortization of capitalized interest | 629 | |||
Subtract: | ||||
Capitalized interest (from below) | (2,132 | ) | ||
Preferred share dividends included in fixed charges | (3,552 | ) | ||
Preferred unit distributions included in fixed charges | (165 | ) | ||
Preferred distributions of other consolidated entities | (4 | ) | ||
Total earnings | $ | 36,613 | ||
Combined Fixed Charges and Preferred Share Dividends: | ||||
Combined fixed charges and preferred share dividends: | ||||
Interest expense on continuing operations | $ | 20,838 | ||
Capitalized interest (internal and external) | 2,132 | |||
Amortization of debt issuance costs-capitalized | 8 | |||
Interest included in rental expense | 135 | |||
Preferred share dividends | 3,552 | |||
Preferred unit distributions | 165 | |||
Preferred distributions of other consolidated entities | 4 | |||
Total combined fixed charges and preferred share dividends | $ | 26,834 | ||
Ratio of earnings to combined fixed charges and preferred share dividends | 1.36 | |||