EXHIBIT 12

RATIO OF EARNINGS TO FIXED CHARGES COMPUTATION
(in thousands except ratio of earnings to fixed charges)

	THREE MONTHS ENDED
	MARCH 31, 2005
NET INCOME (LOSS):
Income from continuing operations before income taxes and minority interest	$	43,879
Portion of rents representative of interest expense		1,693
Interest on indebtedness, including amortization of deferred loan costs		24,997
Amortization of capitalized interest		932
Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges		(1,347	)
Net income as adjusted	$	70,154
FIXED CHARGES:
Portion of rents representative of the interest factor	$	1,693
Interest on indebtedness, including amortization of deferred loan costs		24,997
Capitalized interest		296
Total fixed charges	$	26,986
RATIO OF EARNINGS TO FIXED CHARGES		2.60x