Nine Months Ended | ||||||||||||||||||||
Year Ended December 31, | September 30, | |||||||||||||||||||
(in Thousands) | 2008 | 2007 | 2006 | 2009 | 2008 | |||||||||||||||
Earnings from continuing operations before non-controlling interest or tax |
(61,361 | ) | (16,534 | ) | (25,141 | ) | (52,033 | ) | 711 | |||||||||||
Capitalized Interest |
(2,655 | ) | (4,614 | ) | (5,003 | ) | (1,053 | ) | (2,176 | ) | ||||||||||
Depreciation of capitalized interest |
69 | 262 | 241 | 66 | 63 | |||||||||||||||
Non-controlling interest |
(311 | ) | (160 | ) | (231 | ) | 9 | (238 | ) | |||||||||||
Earnings before fixed charges |
(64,259 | ) | (21,045 | ) | (30,134 | ) | (53,012 | ) | (1,640 | ) | ||||||||||
Fixed Charges |
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Interest expense includes discontinued operations |
102,675 | 79,403 | 51,427 | 93,802 | 54,377 | |||||||||||||||
Capitalized Interest includes discontinued operations |
2,655 | 4,765 | 5,383 | 1,053 | 2,176 | |||||||||||||||
Total Fixed Charges |
105,330 | 84,168 | 56,810 | 94,855 | 56,553 | |||||||||||||||
Total Earnings & Fixed Charges |
41,072 | 63,123 | 26,676 | 41,844 | 54,913 | |||||||||||||||
Ratio of earnings to fixed charges |
0.39 | 0.75 | 0.47 | 0.44 | 0.97 | |||||||||||||||
Deficiency |
(64,259 | ) | (21,045 | ) | (30,134 | ) | (53,012 | ) | (1,640 | ) |