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EX-21 - EXHIBIT 21 - LTC PROPERTIES INCa2196557zex-21.htm
EX-10.8 - EXHIBIT 10.8 - LTC PROPERTIES INCa2196557zex-10_8.htm
EX-23.1 - EXHIBIT 23.1 - LTC PROPERTIES INCa2196557zex-23_1.htm
EX-10.9 - EXHIBIT 10.9 - LTC PROPERTIES INCa2196557zex-10_9.htm
EX-10.10 - EXHIBIT 10.10 - LTC PROPERTIES INCa2196557zex-10_10.htm
EX-32 - EXHIBIT 32 - LTC PROPERTIES INCa2196557zex-32.htm
EX-31.2 - EXHIBIT 31.2 - LTC PROPERTIES INCa2196557zex-31_2.htm
EX-31.1 - EXHIBIT 31.1 - LTC PROPERTIES INCa2196557zex-31_1.htm
10-K - 10-K - LTC PROPERTIES INCa2196557z10-k.htm

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Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Thousands)

 
  Year Ended  
 
  2009   2008   2007   2006   2005  

Income from continuing operations

  $ 44,360   $ 43,192   $ 48,039   $ 45,879   $ 51,037  

Add: Interest expense

    2,418     4,114     4,957     7,028     8,310  
                       

Earnings

  $ 46,778   $ 47,306   $ 52,996   $ 52,907   $ 59,347  
                       

Interest expense

 
$

2,418
 
$

4,114
 
$

4,957
 
$

7,028
 
$

8,310
 

Interest expense

 
$

2,418
 
$

4,114
 
$

4,957
 
$

7,028
 
$

8,310
 

Income allocable to non-controlling interests

    296     307     343     343     349  

Income allocable to preferred stockholders

    14,515     14,401     16,923     17,157     17,343  
                       

Fixed Charges

  $ 17,229   $ 18,822   $ 22,223   $ 24,528   $ 26,002  
                       

Ratio of earnings to fixed charges

   
19.35
   
11.50
   
10.69
   
7.53
   
7.14
 

Ratio of earnings to fixed charges and preferred dividends

   
2.72
   
2.51
   
2.38
   
2.16
   
2.28
 



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