Exhibit 12.1

Ratio of Earnings to Fixed Charges

For Period Ended December 31,2009

(in thousands, except ratio computation)

				Year Ended December 31,
	2009			2008			2007			2006			2005
Pretax income from continuing operations before adjustment for noncontrolling interest	$	68,423		$	35,189		$	48,424		$	53,706		$	59,063
Adjustments
Equity in income in unconsolidated joint ventures		88			(108	)		-			(1,853	)		-
Fixed Charges		76,400			65,414			71,986			62,846			56,849
Distributed income of equity investees		371			170			-			3,308			(12	)
Capitalized interest		(1,430	)		(2,934	)		(3,194	)		(5,820	)		(3,354	)
Earnings as Defined	$	143,852		$	97,731		$	117,216		$	112,187		$	112,546
Fixed Charges
Interest expense	$	71,229		$	62,752		$	69,209		$	58,812		$	57,142
Capitalized interest		1,430			2,934			3,194			5,820			3,354
Amortization of debt premiums (discounts)		2,221			(1,902	)		(2,102	)		(3,289	)		(5,159	)
Amortization of loan fees		1,520			1,629			1,684			1,503			1,512
Fixed Charges	$	76,400		$	65,413		$	71,985		$	62,846		$	56,849
Ratio of earning to Fixed Charges		1.88			1.49			1.63			1.79			1.98