EX-12.1 2 vtr-ex121_2015630.htm STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES VTR-EX12.1_2015.6.30


Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
 
 
(dollars in thousands)
 
For the Six Months Ended June 30, 2015
Income before loss from unconsolidated entities, income taxes, discontinued operations, real estate dispositions and noncontrolling interest
 
$
240,561

Interest expense
 
 
Senior notes payable and other debt
 
214,181

Distributions from unconsolidated entities
 
14,973

Earnings
 
$
469,715

Interest
 
 
Senior notes payable and other debt expense
 
$
214,181

Interest capitalized
 
910

Fixed charges
 
$
215,091

 
 
 
Ratio of Earnings to Fixed Charges
 
2.18