Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Sabra Health Care REIT, Inc. | Financial_Report.xls |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3122014q2.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3212014q2.htm |
| EX-10.1 - DIRECTORS COMPENSATION POLICY - Sabra Health Care REIT, Inc. | ex101-directorscompensatio.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3222014q2.htm |
| 10-Q - 10-Q - Sabra Health Care REIT, Inc. | sbra10q2014q2.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3112014q2.htm |
SABRA HEALTH CARE REIT, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
(dollars in thousands)
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Earnings | |||||||||||||||||
Pre-tax net income (loss) | $ | 14,796 | $ | (662 | ) | $ | 7,475 | $ | 6,068 | ||||||||
Add: | |||||||||||||||||
Fixed charges | 11,002 | 10,151 | 22,144 | 20,160 | |||||||||||||
Noncontrolling interest | 5 | — | 23 | — | |||||||||||||
Earnings, as adjusted | $ | 25,803 | $ | 9,489 | $ | 29,642 | $ | 26,228 | |||||||||
Fixed charges | |||||||||||||||||
Interest expensed and capitalized | $ | 10,067 | $ | 9,522 | $ | 20,289 | $ | 18,957 | |||||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness | 927 | 621 | 1,839 | 1,188 | |||||||||||||
Estimate of interest within rental expense | 8 | 8 | 16 | 15 | |||||||||||||
Fixed charges, as adjusted | 11,002 | 10,151 | 22,144 | 20,160 | |||||||||||||
Preferred stock dividends | 2,560 | 2,523 | 5,121 | 2,827 | |||||||||||||
Combined fixed charges and preferred stock dividends | $ | 13,562 | $ | 12,674 | $ | 27,265 | $ | 22,987 | |||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 1.90 | x | 0.75 | x | 1.09 | x | 1.14 | x | |||||||||