Exhibit 12.1

	Fiscal Year Ended September 30,															Three Months Ended December 31,
	2007			2008			2009			2010			2011			2010			2011
																unaudited
Earnings
Earnings (loss) before income taxes		(536,072	)		(710,188	)		(181,781	)		(147,925	)		(196,818	)		(48,865	)		(35,049	)
Plus: Fixed charges		154,502			145,345			137,533			130,760			134,490			33,117			33,037
Less: Capitalized interest		(148,444	)		(84,474	)		(50,451	)		(53,102	)		(57,378	)		(13,443	)		(13,408	)
Add: Interest amortized to COS		127,530			112,262			54,714			52,243			46,382			6,894			12,843
Add: Interest impaired to COS		12,350			13,795			3,376			2,313			1,907			—			28
Earnings available for fixed charges		(390,134	)		(523,260	)		(36,609	)		(15,711	)		(71,417	)		(22,297	)		(2,549	)
Fixed Charges		154,502			145,345			137,533			130,760			134,490			33,117			33,037
Ratio of Earnings to Fixed Charges		(a	)		(a	)		(a	)		(a	)		(a	)		(a	)		(a	)

(a) Earnings for the fiscal years ended September 30, 2007, 2008, 2009, 2010 and 2011 and the quarters ended December 31, 2010 and 2011 were insufficient to cover fixed charges by $390 million, $523 million, $37 million, $16 million, $71 million, $22 million and $3 million, respectively.