Three Months Ended | ||||||||||||||||||||||||
Year Ended December 31, | March 31, | |||||||||||||||||||||||
(in Thousands) | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | ||||||||||||||||||
Earnings from continuing operations before non-controlling interest or tax |
(28,780 | ) | (25,141 | ) | (16,534 | ) | (61,361 | ) | (75,695 | ) | (16,788 | ) | ||||||||||||
Capitalized Interest |
(883 | ) | (5,003 | ) | (4,614 | ) | (2,655 | ) | (1,076 | ) | (25 | ) | ||||||||||||
Depreciation of capitalized interest |
30 | 241 | 262 | 69 | 66 | 0 | ||||||||||||||||||
Non-controlling interest |
(441 | ) | (231 | ) | (160 | ) | (311 | ) | (60 | ) | 35 | |||||||||||||
Earnings before fixed charges |
(30,074 | ) | (30,134 | ) | (21,045 | ) | (64,259 | ) | (76,765 | ) | (16,777 | ) | ||||||||||||
Fixed Charges |
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Interest expense includes discontinued operations |
15,767 | 51,427 | 79,403 | 102,675 | 125,903 | 26,855 | ||||||||||||||||||
Capitalized Interest includes discontinued operations |
883 | 5,383 | 4,765 | 2,655 | 1,076 | 25 | ||||||||||||||||||
Total Fixed Charges |
16,650 | 56,810 | 84,168 | 105,330 | 126,979 | 26,880 | ||||||||||||||||||
Total Earnings & Fixed Charges |
(13,424 | ) | 26,676 | 63,123 | 41,072 | 50,214 | 10,102 | |||||||||||||||||
Ratio of earnings to fixed charges |
0.00 | 0.47 | 0.75 | 0.39 | 0.40 | 0.38 | ||||||||||||||||||
Deficiency |
$ | (30,074 | ) | $ | (30,134 | ) | $ | (21,045 | ) | $ | (64,259 | ) | $ | (76,765 | ) | $ | (16,777 | ) |