EXHIBIT 12.1
Published on August 2, 2013
Exhibit 12.1
Kimco Realty Corporation and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
For the six months ended June 30, 2013
|
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees |
$ | 27,247,051 | ||
|
Add: |
||||
|
Interest on indebtedness (excluding capitalized interest) |
108,711,836 | |||
|
Amortization of debt related expenses |
3,969,721 | |||
|
Portion of rents representative of the interest factor |
3,550,810 | |||
| 143,479,418 | ||||
|
Distributed income from equity investees |
82,244,688 | |||
|
Pretax earnings from continuing operations, as adjusted |
$ | 225,724,106 | ||
|
Fixed charges - |
||||
|
Interest on indebtedness (including capitalized interest) |
$ | 109,290,884 | ||
|
Amortization of debt related expenses |
1,664,593 | |||
|
Portion of rents representative of the interest factor |
3,550,810 | |||
|
Fixed charges |
$ | 114,506,287 | ||
|
Ratio of earnings to fixed charges |
2.0 |