EX-12

Exhibit 12

Statements re: computation of ratio of earnings to combined fixed charges and preferred distributions

(Dollars in Thousands)


	For the nine months ended September 30,			For the year ended December 31,
	2014			2013			2012			2011			2010			2009
Net (loss) income from continuing operations ⁽¹⁾	$	(12,066	)	$	1,527		$	3,761		$	5,714		$	4,928		$	4,400
Add: fixed charges and preferred and senior common distributions		24,950			31,506			26,962			21,247			21,191			22,001
Less: preferred and senior common distributions		(3,417	)		(4,394	)		(4,206	)		(4,156	)		(4,114	)		(4,094	)

Earnings	$	9,467		$	28,639		$	26,517		$	22,805		$	22,005		$	22,307
Fixed charges and preferred and senior common distributions:
Interest expense ⁽²⁾		20,311			25,314			21,239			16,158			16,031			16,399
Amortization of deferred financing fees		1,209			1,780			1,502			918			1,031			1,496
Estimated interest component of rent		13			18			15			15			15			12
Preferred and senior common distributions		3,417			4,394			4,206			4,156			4,114			4,094

Total fixed charges and preferred and senior common distributions	$	24,950		$	31,506		$	26,962		$	21,247		$	21,191		$	22,001
Ratio of earnings to combined fixed charges and preferred distributions		N/A	⁽³⁾		N/A	⁽⁴⁾		N/A	⁽⁵⁾		1.1			1.0			1.0