Exhibit 12.1

 

Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

For the three months ended March 31, 2013

 

 

 

Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees		$	25,158,409
Add:
Interest on indebtedness (excluding capitalized interest)			54,027,945
Amortization of debt related expenses			1,826,860
Portion of rents representative of the interest factor			1,784,075
			82,797,289
Distributed income from equity investees			43,320,920
Pretax earnings from continuing operations, as adjusted		$	126,118,209
Fixed charges -
Interest on indebtedness (including capitalized interest)		$	54,247,410
Amortization of debt related expenses			675,449
Portion of rents representative of the interest factor			1,784,075
Fixed charges		$	56,706,934
Ratio of earnings to fixed charges			2.2