EX-12.1 4 sbraex121033112.htm STATEMENT RE: COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES SBRA EX 12.1 03.31.12




SABRA HEALTH CARE REIT, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(dollars in thousands)

 
 
 
Three Months Ended March 31,
 
 
 
2012
 
2011
 
 
 
 
 
 
Earnings
 
 
 
 
 
 
Pre-tax net income
 
$
4,405

 
$
1,248

 
Add:
 
 
 
 
 
Fixed charges
 
7,705

 
7,602

 
Earnings, as adjusted
 
$
12,110

 
$
8,850

 
 
 
 
 
 
Fixed charges
 
 
 
 
 
 
Interest expensed and capitalized
 
$
7,136

 
$
7,106

 
Amortized premiums, discounts and capitalized expenses related to indebtedness
 
562

 
491

 
Estimate of interest within rental expense
 
7

 
5

 
Fixed charges, as adjusted
 
$
7,705

 
$
7,602

 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
1.57

 
1.16