SEC Info - Trinity Place Holdings Inc. - ‘S-3’ on 11/7/16

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Trinity Place Holdings Inc. – ‘S-3’ on 11/7/16 – ‘EX-12.1’

On: Monday, 11/7/16, at 5:12pm ET · Accession #: 1144204-16-132128 · File #: 333-214482

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/07/16  Trinity Place Holdings Inc.       S-3                    5:752K                                   Vintage/FA

Registration Statement for Securities Offered Pursuant to a Transaction — Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3         Registration Statement for Securities Offered       HTML    245K 
                          Pursuant to a Transaction                              
 2: EX-4.4      Instrument Defining the Rights of Security Holders  HTML    200K 
 3: EX-5.1      Opinion re: Legality                                HTML     20K 
 4: EX-12.1     Statement re: Computation of Ratios                 HTML     11K 
 5: EX-23.1     Consent of Experts or Counsel                       HTML      5K

EX-12.1 — Statement re: Computation of Ratios

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Exhibit 12.1

Trinity Place Holdings Inc.

Statement of Computation of Ratio of Earnings to Fixed Charges

($ in thousands)

	Transition Period from March 1, 2015 to December 31, 2015			Nine Months Ended September 30, 2016
Earnings:
Loss before taxes	$	(6,494	)	$	(4,753	)
Add: Fixed Charges		1,825			1,867
Less: Capitalized Interest		(1,201	)		(1,438	)
Less: Capitalized deferred financing costs		(228	)		(258	)
Earnings as defined		(6,098	)		(4,582	)

Fixed Charges:
Interest expense		333			111
Capitalized interest		1,201			1,438
Amortization of deferred financing costs		63			60
Capitalized deferred financing costs		228			258
Total fixed charges		1,825			1,867
Deficiency of earnings to cover fixed charges(1)(2)	$	(7,923	)	$	(6,449	)

(1) For the purpose of this table, "earnings" consists of income (loss) from continuing operations before income taxes, plus fixed charges and amortization of capitalized interest, less interest capitalized. "Fixed charges" consists of interest expensed and capitalized related to indebtedness and amortization of deferred financing costs and capitalized related to indebtedness. We had no earnings for the transition period from March 1, 2015 to December 31, 2015 and for the nine months ended September 30, 2016.

(2) In each of the periods presented, earnings were insufficient to cover fixed charges. The ratio of earnings to fixed charges was less than one-to-one for each of the periods presented. We have not included a ratio of earnings to combined fixed charges and preferred stock dividends because we do not have any preferred stock outstanding as of the date of this prospectus.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘S-3’ Filing	Date	Other Filings

Filed on:	11/7/16	10-Q
	9/30/16	10-Q
	12/31/15	10-KT
	3/1/15
		List all Filings

1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/15/16  SEC                               UPLOAD¶     9/27/17    1:36K  Trinity Place Holdings Inc.

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Filing Submission 0001144204-16-132128 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)