STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES | ||||
For the Six Months Ended June 30, 2017 | ||||
(Dollars in thousands) | ||||
Income before unconsolidated entities, income taxes, discontinued operations, real estate dispositions and noncontrolling interest | $ | 299,836 | ||
Interest expense | ||||
Senior notes payable and other debt | 222,376 | |||
Distributions from unconsolidated entities | 3,134 | |||
Earnings | $ | 525,346 | ||
Interest | ||||
Senior notes payable and other debt expense | $ | 222,376 | ||
Interest capitalized | 2,095 | |||
Fixed charges | $ | 224,471 | ||
Ratio of Earnings to Fixed Charges | 2.34 | |||