EX-12.1 2 sbraex12163011.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES SBRA EX 12.1 6.30.11




SABRA HEALTH CARE REIT, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2011
(Dollars in thousands)

 
 
 
Three Months Ended June 30, 2011
 
Six Months Ended June 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
Earnings
 
 
 
 
 
 
Pre-tax net income
 
$
2,087

 
$
3,335

 
Add:
 
 
 
 
 
Fixed charges
 
7,508

 
15,107

 
Earnings, as adjusted
 
$
9,595

 
$
18,442

 
 
 
 
 
 
Fixed charges
 
 
 
 
 
 
Interest expensed and capitalized
 
$
7,505

 
$
15,103

 
Amortized premiums, discounts and capitalized expenses related to indebtedness
 
(4
)
 
(8
)
 
Estimate of interest within rental expense
 
7

 
12

 
Fixed charges, as adjusted
 
$
7,508

 
$
15,107

 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
1.28

 
1.22