EX-12.1 57 d404548dex121.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement RE: Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12.1

SABRA HEALTH CARE REIT, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(dollars in thousands)

 

     Six Months Ended
June 30, 2012		      Year Ended
December 31, 2011		      Period from
November 15,
2010 through
December 31,
2010		  

Earnings:

         

Pre-tax net income

    $ 10,328       $ 12,842       $ 249   

Add:

         

Fixed charges

      15,860         30,344         3,861   
  

 

 

     

 

 

     

 

 

  

Earnings, as adjusted (A)

    $ 26,188       $ 43,186       $ 4,110   
  

 

 

     

 

 

     

 

 

  

Fixed charges:

         

Interest expensed and capitalized

    $ 14,407       $ 28,336       $ 3,631   

Amortized premiums, discounts and capitalized expenses related to indebtedness

      1,439         1,983         228   

Estimate of interest within rental expense

      14         25         2   
  

 

 

     

 

 

     

 

 

  

Fixed charges, as adjusted (B)

    $ 15,860       $ 30,344       $ 3,861   
  

 

 

     

 

 

     

 

 

  

Ratio of earnings to fixed charges ((A) divided by (B)):

      1.65x         1.42x         1.06x