Attached files
file | filename |
---|---|
10-Q - 10-Q - Sabra Health Care REIT, Inc. | sbra10q2015q1.htm |
EX-32.1 - SECTION 906 CEO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3212015q1.htm |
EX-32.2 - SECTION 906 CFO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3222015q1.htm |
EX-31.2 - SECTION 302 CFO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3122015q1.htm |
EX-31.1 - SECTION 302 CEO CERTIFICATION - Sabra Health Care REIT, Inc. | sbraex3112015q1.htm |
EX-10.2 - FORM OF GUARANTY OF LEASE - Sabra Health Care REIT, Inc. | ex102form_guaranty.htm |
EX-10.1 - FORM OF AMENDMENT TO LEASE AGREEMENT - Sabra Health Care REIT, Inc. | ex101form_leasexamendment.htm |
EXCEL - IDEA: XBRL DOCUMENT - Sabra Health Care REIT, Inc. | Financial_Report.xls |
Exhibit 12.1
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 March 31, | ||||||||||
2015 | 2014 | |||||||||
Earnings | ||||||||||
Pre-tax net income (loss) | $ | 19,439 | $ | (7,321 | ) | |||||
Add: | ||||||||||
Fixed charges | 13,888 | 11,142 | ||||||||
Noncontrolling interest | 11 | 18 | ||||||||
Earnings, as adjusted | $ | 33,338 | $ | 3,839 | ||||||
Fixed charges | ||||||||||
Interest expensed and capitalized | $ | 12,594 | $ | 10,222 | ||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness | 1,286 | 912 | ||||||||
Estimate of interest within rental expense | 8 | 8 | ||||||||
Fixed charges, as adjusted | 13,888 | 11,142 | ||||||||
Preferred stock dividends | 2,561 | 2,561 | ||||||||
Combined fixed charges and preferred stock dividends | $ | 16,449 | $ | 13,703 | ||||||
Ratio of earnings to fixed charges | 2.40 | x | 0.34 | x | ||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 2.03 | x | 0.28 | x |