EX-12.1 4 s001389x1_ex12-1.htm EXHIBIT 12.1

Exhibit 12.1

 

   Six
Months
Ended
June 30,
2016		 

  

 

 

Year Ended December 31,

  December 8,
2011,
through
December 31,
2011
  2015  2014   2013   2012
Income before equity in earnings of unconsolidated subsidiaries  $204,513   $239,721   $353,936   $132,424   $41,247   $714 
Fixed charges, as defined   181,913    274,013    140,708    15,024    704    —   
Distributed income of equity investees   15,532    37,874    107,267    127,310    —      —   
Earnings, as defined  $401,958   $551,608   $601,911   $274,758   $41,951   $714 
Fixed charges, as defined (A)  $181,913   $274,013   $140,708   $15,024   $704   $—   
                               
Ratio of Earnings to Fixed Charges (A)   2.21    2.01    4.28    18.29    59.59    N/A 
                               
(A)   Fixed charges, as defined:                              
         Interest expense  $181,913   $274,013   $140,708   $15,024   $704   $—   
         Preferred dividends and related accretion   —      —      —      —      —      —   
         Fixed charges, as defined  $181,913   $274,013   $140,708   $15,024   $704   $—