EX-12.1 63 dex121.htm STATEMENT RE: COMPUTATION OF RATIOS Statement Re: Computation of Ratios

EXHIBIT 12.1

SABRA HEALTH CARE REIT, INC. AND SUBSIDIARIES

COMPUTATION OF PRO FORMA RATIO OF EARNINGS TO FIXED CHARGES

FOR THE YEAR ENDED DECEMBER 31, 2009

AND THE NINE MONTHS ENDED SEPTEMBER 30, 2010

(Dollars in thousands)

 

     Year Ended
December 31,
2009		     9 Months Ended
September 30,
2010		  

Earnings:

     

Net income

      7,993        5,994   

Add:

     

Fixed charges

      30,280        22,710   
                

Earnings, as adjusted (A)

      38,273        28,704   
                

Fixed charges:

     

Interest expensed and capitalized

      30,269        22,702   

Amortized premiums, discounts and capitalized expenses related to indebtedness

      (14 )      (11 ) 

Estimate of interest within rental expense

      25        19   
                

Fixed charges, as adjusted (B)

      30,280        22,710   
                

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

      1.26x        1.26x