EXHIBIT 12.1
Published on November 1, 2013
Exhibit 12.1
Kimco Realty Corporation and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
For the nine months ended September 30, 2013
|
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees |
$ | (14,802,811 | ) | |
|
Add: |
||||
|
Interest on indebtedness (excluding capitalized interest) |
164,129,403 | |||
|
Amortization of debt related expenses |
5,381,025 | |||
|
Portion of rents representative of the interest factor |
5,876,374 | |||
| 160,583,991 | ||||
|
Distributed income from equity investees |
211,361,681 | |||
|
Pretax earnings from continuing operations, as adjusted |
$ | 371,945,672 | ||
|
Fixed charges - |
||||
|
Interest on indebtedness (including capitalized interest) |
$ | 165,017,374 | ||
|
Amortization of debt related expenses |
1,918,221 | |||
|
Portion of rents representative of the interest factor |
5,876,374 | |||
|
Fixed charges |
$ | 172,811,969 | ||
|
Ratio of earnings to fixed charges |
2.2 |