FIVE STAR QUALITY CARE, INC.
Computation of Ratio of Earnings to Fixed Charges
(in thousands except ratios)

	Year ended December 31,

	2012			2011			2010		2009		2008
Consolidated earnings	$	140,959		$	193,007		$	192,977	$	177,884	$	137,703
Consolidated fixed charges		122,205			176,212			166,062		134,039		127,451
Ratio of consolidated earnings to fixed charges		1.2x			1.1x			1.2x		1.3x		1.1x
Calculation of consolidated earnings:
Income from continuing operations before income tax	$	19,070		$	16,934		$	26,914	$	43,711	$	10,252
Equity in (earnings) losses of Affiliates Insurance Company		(316	)		(139	)		1		134		—
Fixed charges		122,205			176,212			166,062		134,039		127,451

Consolidated earnings	$	140,959		$	193,007		$	192,977	$	177,884	$	137,703

Calculation of consolidated fixed charges:
Interest expense	$	6,390		$	4,171		$	2,945	$	4,235	$	6,070
Amortization of debt discounts / premium		206			83			—		—		34
Amortization of deferred finance costs		107			123			100		130		233
Estimated interest component of rent expense		115,502			171,835			163,017		129,674		121,114

Fixed charges	$	122,205		$	176,212		$	166,062	$	134,039	$	127,451