Exhibit 12.1

(in thousands)

	For the Three Months Ended March 31,
	2006			2005
Fixed Charges Computation:
Preferred stock dividend	$	865		$	878
Interest expense, including amortization of debt issuance costs	1,498			1,251
Total fixed charges and preferred dividends	2,363			2,129
Earnings Computation:
Earnings (loss) before income taxes, equity in income (loss) of investees and minority interests	(1,041		)	4,712
Less:
Preferred stock dividend	(865		)	(878		)
Minority interests	295			(55		)
Add:
Fixed charges	2,363			2,129
Earnings as adjusted	$	752		$	5,908
Ratio of earnings to fixed charges	0.5x			4.7x
Ratio of earnings to fixed charges and preferred dividends	0.3x			2.8x

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