Exhibit 12.1

 

Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

For the year ended December 31, 2012

 

Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees		$	42,544,588
Add:
Interest on indebtedness (excluding capitalized interest)			229,911,807
Amortization of debt related expenses			7,683,550
Portion of rents representative of the interest factor			6,946,781
			287,086,726
Distributed income from equity investees			194,109,970
Pretax earnings from continuing operations, as adjusted		$	481,196,696
Fixed charges -
Interest on indebtedness (including capitalized interest)		$	231,449,478
Amortization of debt related expenses			3,099,218
Portion of rents representative of the interest factor			6,946,781
Fixed charges		$	241,495,477
Ratio of earnings to fixed charges			2.0

 

 

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