EX-12.1 2 a2210347zex-12_1.htm EX-12.1
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Exhibit 12.1

        STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES

(dollars in thousands)
  For the six
months ended
June 30, 2012 		 

Income before income from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest

   $ 94,950  

Interest expense

        

Senior notes payable and other debt

     144,056  

Distributions from unconsolidated entities

     4,015  
       

Earnings

   $ 243,021  
       

Interest

        

Senior notes payable and other debt expense

   $ 144,056  

Interest capitalized

     1,051  
       

Fixed charges

   $ 145,107  
       

Ratio of Earnings to Fixed Charges

     1.67  
       



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