Exhibit 12.1

Ratio of Earnings to Fixed Charges

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

(Dollars in thousands)

	For the Years Ended December 31,
	2014			2013			2012			2011			2010
Earnings:
Pretax income from continuing operations	$	142,586		$	69,694		$	29,100		$	5,243		$	5,670
Fixed charges		301,010			231,178			105,926			4,837			9,611
Dividends distributed to shareholders		86,705			61,302			22,304			8,270			8,102
Equity investee adjustment		(2,324	)		(185	)		(38	)		(174	)		(64	)
Non-controlling interest		-			-			97			(97	)		-
Total Earnings	$	527,977		$	361,989		$	157,389		$	18,079		$	23,319
Fixed Charges:
Interest expense	$	301,010		$	231,178		$	105,926		$	4,837		$	9,611
Total Fixed Charges		301,010			231,178			105,926			4,837			9,611
Preferred stock dividends		5,812			3,568			-			-			-
Total Combined Fixed Charges and Preferred Stock Dividends	$	306,822		$	234,746		$	105,926		$	4,837		$	9,611
Ratio of earnings to fixed charges		1.75			1.57			1.49			3.74			2.43
Ratio of earnings to combined fixed charges and preferred stock dividends		1.72			1.54			1.49			3.74			2.43
Deficiency related to ratio of earnings to fixed charges	NA			NA			NA			NA			NA
Deficiency related to ratio of earnings to combined fixed charges and preferred stock dividends	NA			NA			NA			NA			NA