EXHIBIT 12.1



Calculation of Earnings to Fixed Charges



|                                                             |  |                             |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |  
|------------------------------------------------------------ |  | --------------------------- | - |  | --------------------------- | - |  | --------------------------- | - |  | ------------------------------ | - |  | ------------------------ | - |  | ------ | - |  | ------ | -
|                                                             |  | Year endedDecember 31, 2004 |   |  | Year endedDecember 31, 2003 |   |  | Year endedDecember 31, 2002 |   |  | Three months endedDecember 31, |   |  | Year ended September 30, |  
|                                                             |  |                             |   |  | 2001                        |   |  | 2000                        |   |  | 2001                           |   |  | 2000                     |  
|Interest expensed                                            |  | 3,152                       |   |  | 2,565                       |   |  | 2,138                       |   |  | 681                            |   |  | 1,590                    |   |  | 5,064  |   |  | 6,297  |  
|Capitalized securitization cost                              |  |                            |   |  | 625                         |   |  | 200                         |   |  |                               |   |  | 600                      |   |  | 600    |   |  | 1,000  |  
|Capitalized convertible debt costs                           |  | 1,878                       |   |  | 2,476                       |   |  |                            |   |  |                               |   |  |                         |   |  |       |   |  |       |  
|Capitalized line of credit costs                             |  | 387                         |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |  
|Preferred dividends adjusted to pre-tax at current tax rates |  |                            |   |  | 25                          |   |  | 1,295                       |   |  | 495                            |   |  | 502                      |   |  | 2,005  |   |  | 2,007  |  
|                                                             |  |                             |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |  
|Fixed charges                                                |  | 5,417                       |   |  | 5,691                       |   |  | 3,633                       |   |  | 1,176                          |   |  | 2,692                    |   |  | 7,669  |   |  | 9,304  |  
|                                                             |  |                             |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |  
|Pretax income                                                |  | 22,248                      |   |  | 26,180                      |   |  | 17,907                      |   |  | 1,156                          |   |  | (893                     | ) |  | 1,419  |   |  | (6,155 | )
|Add: Fixed charges                                           |  | 5,417                       |   |  | 5,691                       |   |  | 3,633                       |   |  | 1,176                          |   |  | 2,692                    |   |  | 7,669  |   |  | 9,304  |  
|Less: Preferred dividends adjusted to current tax rate       |  |                            |   |  | (25                         | ) |  | (1,295                      | ) |  | (495                           | ) |  | (502                     | ) |  | (2,005 | ) |  | (2,007 | )
|                                                             |  |                             |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |  
|Adjusted earnings                                            |  | 27,665                      |   |  | 31,846                      |   |  | 20,245                      |   |  | 1,837                          |   |  | 1,297                    |   |  | 7,083  |   |  | 1,142  |  
|                                                             |  |                             |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |  
|Earnings to fixed charges ratio                              |  | 511                         | % |  | 560                         | % |  | 557                         | % |  | 156                            | % |  | 48                       | % |  | 92     | % |  | 12     | %
|                                                             |  |                             |   |  |                             |   |  |                             |   |  |                                |   |  |                          |   |  |        |   |  |        |