Attached files
| file | filename |
|---|---|
| EX-31.2 - SECTION 302 CFO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3122014q3.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3112014q3.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Sabra Health Care REIT, Inc. | Financial_Report.xls |
| 10-Q - 10-Q - Sabra Health Care REIT, Inc. | sbra10q2014q3.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3212014q3.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3222014q3.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 September 30, | Nine Months Ended September 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Earnings | |||||||||||||||||
Pre-tax net income | $ | 17,198 | $ | 11,821 | $ | 24,673 | $ | 20,716 | |||||||||
Add: | |||||||||||||||||
Fixed charges | 10,548 | 9,747 | 32,692 | 29,907 | |||||||||||||
Noncontrolling interest | 6 | — | 29 | — | |||||||||||||
Earnings, as adjusted | $ | 27,752 | $ | 21,568 | $ | 57,394 | $ | 50,623 | |||||||||
Fixed charges | |||||||||||||||||
Interest expensed and capitalized | $ | 9,600 | $ | 9,067 | $ | 29,889 | $ | 28,024 | |||||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness | 940 | 672 | 2,779 | 1,860 | |||||||||||||
Estimate of interest within rental expense | 8 | 8 | 24 | 23 | |||||||||||||
Fixed charges, as adjusted | 10,548 | 9,747 | 32,692 | 29,907 | |||||||||||||
Preferred stock dividends | 2,561 | 2,579 | 7,682 | 5,406 | |||||||||||||
Combined fixed charges and preferred stock dividends | $ | 13,109 | $ | 12,326 | $ | 40,374 | $ | 35,313 | |||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 2.12 | x | 1.75 | x | 1.42 | x | 1.43 | x | |||||||||