EXHIBIT 12.1
RATIO OF EARNINGS TO FIXED CHARGES
                         
    Years Ended December 31,  
    2009     2008     2007  
    (In thousands)  
Earnings Before Fixed Charges
                       
Earnings from continuing operations before non-controlling interest or tax
  $ (75,695 )   $ (61,361 )   $ (16,534 )
Capitalized interest
    (1,076 )     (2,655 )     (4,614 )
Depreciation of capitalized interest
    16       30       262  
Non-controlling interest
    (60 )     (311 )     (160 )
 
                 
Total earnings before fixed charges
  $ (76,815 )   $ (64,297 )   $ (21,046 )
 
                 
 
                       
Fixed Charges
                       
Interest expense includes discontinued operations
  $ 125,903     $ 102,675     $ 79,403  
Capitalized interest includes discontinued operations
    1,076       2,655       4,765  
 
                 
Total Fixed Charges
  $ 126,979     $ 105,330     $ 84,168  
 
                 
 
                       
Total Earnings & Fixed Charges
  $ 50,164     $ 41,033     $ 63,122  
 
                 
 
                       
Ratio of earnings to fixed charges
    0.40       0.39       0.75  
Deficiency
  $ (76,815 )   $ (64,297 )   $ (21,046 )