Nine Months

Ended

For the Fiscal Year Ended December 31,

(Dollars in thousands)

30-Sep-17

2016

2015

2014

2013

2012

Earnings

Add:

Income from continuing operations

$

(11,012

)

$

8,378

$

35,014

$

13,148

$

17,294

$

22,950

Provision for income taxes

297

418

433

498

480

335

(Earnings) Loss of equity investees

719

831

1,451

1,760

1,358

(2,033

)

Distributed income of equity investees

1,041

1,023

107

107

108

2,810

Fixed charges (see below)

23,928

26,551

25,432

27,433

21,054

16,068

Subtract:

Interest capitalized

(198

)

(3

)

—

—

—

—

Preferred distributions of consolidated subsidiaries

—

—

—

—

—

—

Total Earnings

$

14,775

$

37,198

$

62,437

$

42,946

$

40,294

$

40,130

Fixed Charges:

Interest expensed

23,730

26,548

25,432

27,433

21,054

16,068

Interest capitalized

198

3

—

—

—

—

Interest portion of rent expense which is deemed to be representative of the interest factor

—

—

—

—

—

—

Total Fixed Charges

$

23,928

$

26,551

$

25,432

$

27,433

$

21,054

$

16,068

Preferred dividends

—

—

—

—

—

—

Total combined fixed charges and preferred dividends

$

23,928

$

26,551

$

25,432

$

27,433

$

21,054

$

16,068

Ratio of earnings to fixed charges

0.62

1.40

2.46

1.57

1.91

2.50

Ratio of earnings to combined fixed charges and preferred dividends

0.62

1.40

2.46

1.57

1.91

2.50