Three Months Ended, | ||||
Earnings: | March 31, 2016 | |||
Income from continuing operations before equity in income of unconsolidated entities and income taxes | $ | 8,078 | ||
Fixed charges (from below) | 25,485 | |||
Amortization of capitalized interest | 680 | |||
Subtract: | ||||
Capitalized interest (from below) | (1,753 | ) | ||
Preferred distributions of other consolidated entities | (4 | ) | ||
Total earnings | $ | 32,486 | ||
Fixed charges: | ||||
Interest expense on continuing operations | $ | 23,559 | ||
Capitalized interest (internal and external) | 1,753 | |||
Interest included in rental expense | 169 | |||
Preferred distributions of other consolidated entities | 4 | |||
Total fixed charges | $ | 25,485 | ||
Ratio of earnings to fixed charges | 1.27 | |||