Exhibit 12.1

Standard Pacific Corp.

Ratio of Earnings to Fixed Charges and

Ratio of Earnings to Combined Fixed Charges and

Preferred Stock Dividends—Continuing Operations

(Dollars in thousands)

	Six Months Ended June 30,						Year Ended December 31,
	2012			2011			2011			2010			2009			2008			2007
Income (loss) from continuing operations	$	22,786		$	(25,316	)	$	(16,417	)	$	(11,724	)	$	(13,217	)	$	(1,231,329	)	$	(695,290	)
Add:
Cash distributions of income from unconsolidated joint ventures		160			20			20			—			3,465			1,975			16,717
Provision (benefit) for income taxes		376			275			(56	)		(557	)		(96,265	)		(5,495	)		(149,003	)
Homebuilding interest amortized to cost of sales and interest expense		47,187			45,085			94,804			100,739			134,188			93,551			120,596
Interest portion of rent expense		250			250			500			500			500			500			500
Less:
Income (loss) from unconsolidated joint ventures		(2,668	)		(636	)		207			1,166			(4,598	)		(150,875	)		(188,975	)
Earnings (loss):	$	73,427		$	20,950		$	78,644		$	87,792		$	33,269		$	(989,923	)	$	(517,505	)
Fixed charges:
Homebuilding interest incurred	$	70,620		$	70,207		$	140,905		$	110,358		$	107,976		$	137,398		$	138,595
Interest portion of rent expense		250			250			500			500			500			500			500
Fixed Charges	$	70,870		$	70,457		$	141,405		$	110,858		$	108,476		$	137,898		$	139,095
Ratio of Earnings to Fixed Charges (a)		1.0			0.3			0.6			0.8			0.3			(7.2	)		(3.7	)

(a) As there was no outstanding preferred stock with preference dividends during the periods in the table above, the ratio of earnings to fixed charges and earnings to combined fixed charges and preferred stock dividends are the same calculation.