EXHIBIT 12.1
RATIO OF EARNINGS TO FIXED CHARGES
                                         
                            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
                                       
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 )