EX-12.1 59 d332766dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO Statement Regarding Computation of Ratio

EXHIBIT 12.1

AVIV REIT, INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

 

     2007     2008     2009     2010     2011  
Earnings:           

Net income

    $ 16,398,464      $ 16,874,193      $ 33,680,631      $ 37,982,720      $ 11,313,124   

Add:

           

Fixed Charges

      24,693,818        26,869,721        27,373,757        23,787,960        39,308,018   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Earnings, as adjusted (A)

      41,092,282        43,743,914      $ 61,054,388      $ 61,770,680      $ 50,621,142   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed charges:

           

Interest expensed and capitalized

    $ 24,254,399      $ 26,333,101      $ 26,823,430      $ 22,779,901      $ 36,643,084   

Amortized premiums discounts and capitalized expenses related to indebtedness

      439,419        536,620        550,327        1,008,059        2,664,934   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed charges, as adjusted (B)

    $ 24,693,818      $ 26,869,721      $ 27,373,757      $ 23,787,960      $ 39,308,018   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

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

      1.66 x      1.63 x      2.23 x      2.60 x      1.29 x