EX-12.1 3 vtr-ex121_20130331.htm RATIO OF EARNINGS TO FIXED CHARGES VTR-EX12.1_2013.03.31


Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
 
 
(dollars in thousands)
 
For the Three Months Ended March 31, 2013
Income before income from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest
 
$
119,540

Interest expense
 
 
Senior notes payable and other debt
 
79,600

Distributions from unconsolidated entities
 
2,472

Earnings
 
$
201,612

Interest
 
 
Senior notes payable and other debt expense
 
$
79,600

Interest capitalized
 
278

Fixed charges
 
$
79,878

 
 
 
Ratio of Earnings to Fixed Charges
 
2.52