STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES | |||||
For the Six Months Ended June 30, 2018 | |||||
(dollars in thousands) | |||||
Income before (loss) income from unconsolidated entities, income taxes, discontinued operations, real estate dispositions and noncontrolling interests | $ | 256,667 | |||
Interest expense | |||||
Senior notes payable and other debt | 224,392 | ||||
Distributions from unconsolidated entities | 9,426 | ||||
Earnings | $ | 490,485 | |||
Interest | |||||
Senior notes payable and other debt expense | $ | 224,392 | |||
Interest capitalized | 3,998 | ||||
Fixed charges | $ | 228,390 | |||
Ratio of Earnings to Fixed Charges | 2.15 | ||||