Year Ended December 31, | ||||||||||||||||||||
2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||||
(In thousands) | ||||||||||||||||||||
Earnings Before Fixed charges: | ||||||||||||||||||||
Earnings from continuing operations before non-controlling interest or tax | $ | (110,812 | ) | $ | (39,540 | ) | $ | (1,264 | ) | $ | (24,708 | ) | $ | (75,695 | ) | |||||
Capitalized interest | (22,431 | ) | (4,048 | ) | (900 | ) | (128 | ) | (1,076 | ) | ||||||||||
Amortization of capitalized interest | 2,114 | 992 | 790 | 745 | 738 | |||||||||||||||
Income from equity investment | (46 | ) | (3,250 | ) | — | — | — | |||||||||||||
Distributed income from equity investment | 17,468 | — | — | — | — | |||||||||||||||
Non-controlling interest | — | (163 | ) | (48 | ) | 19 | 60 | |||||||||||||
Total earnings before fixed charges | $ | (113,707 | ) | $ | (46,009 | ) | $ | (1,422 | ) | $ | (24,072 | ) | $ | (75,973 | ) | |||||
Fixed charges: | ||||||||||||||||||||
Interest expense includes discontinued operations | $ | 76,219 | $ | 86,521 | $ | 79,233 | $ | 87,035 | $ | 125,903 | ||||||||||
Capitalized interest includes discontinued operations | 22,431 | 4,048 | 900 | 128 | 1,076 | |||||||||||||||
Total fixed charges | $ | 98,650 | $ | 90,569 | $ | 80,133 | $ | 87,163 | $ | 126,979 | ||||||||||
Total earnings & fixed charges | $ | (15,057 | ) | $ | 44,560 | $ | 78,711 | $ | 63,091 | $ | 51,006 | |||||||||
Ratio of earnings to fixed charges | — | 0.49 | 0.98 | 0.72 | 0.40 | |||||||||||||||
Deficiency | $ | (113,707 | ) | $ | (46,009 | ) | $ | (1,422 | ) | $ | (24,072 | ) | $ | (75,973 | ) |