EX-12.1 3 j0098_ex12d1.htm EX-12.1

Exhibit 12.1

 

Senior Housing Properties Trust
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)

 

 

 

Three Months Ended March 31,

 

 

 

2003

 

2002

 

Earnings:

 

 

 

 

 

Net income

 

$

12,059

 

$

11,620

 

Fixed charges

 

7,849

 

8,085

 

Adjusted earnings

 

$

19,908

 

$

19,705

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

Interest

 

$

7,146

 

$

7,382

 

Distributions on trust preferred securities

 

703

 

703

 

Total fixed charges

 

$

7,849

 

$

8,085

 

Ratio of earnings to fixed charges

 

2.5

x

2.4

x