Attached files
| file | filename |
|---|---|
| EX-99.1 - FINANCIAL STATEMENT SCHEDULES - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kex991.htm |
| EX-32 - CERTIFICATION OF CEO AND PFO AND PAO - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10qex32.htm |
| EX-31.2 - CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER AND PRINCIPAL ACCOUNTING OFFICER - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kex312.htm |
| EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kex311.htm |
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kex231.htm |
| EX-21 - SUBSIDIARIES - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kex21.htm |
| EX-10.21 - EXHIBIT 10.21 - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kex1021.htm |
| 10-K - 10-K - NATIONAL HEALTH INVESTORS INC | nhi-12312017x10kq4.htm |
Exhibit 12.1 | |||||||||||||||||||
NATIONAL HEALTH INVESTORS, INC. | |||||||||||||||||||
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND | |||||||||||||||||||
RATIO OF COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS | |||||||||||||||||||
(dollars in thousands) | |||||||||||||||||||
(unaudited) | |||||||||||||||||||
Year Ended | |||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Earnings | |||||||||||||||||||
Income from continuing operations before adjustment for income or loss from equity investees | $ | 159,365 | $ | 153,930 | $ | 152,081 | $ | 103,123 | $ | 79,174 | |||||||||
Add: State franchise taxes based on gross receipts | 124 | 244 | 124 | 133 | 132 | ||||||||||||||
Add: Fixed charges | 46,251 | 43,657 | 37,986 | 26,948 | 9,607 | ||||||||||||||
Add: Amortization of capitalized interest | 195 | 98 | 46 | 26 | 10 | ||||||||||||||
Subtract: Preferred stock dividends | — | — | — | — | — | ||||||||||||||
Subtract: Interest capitalized | (510 | ) | (549 | ) | (576 | ) | (378 | ) | (208 | ) | |||||||||
Total Earnings | $ | 205,425 | $ | 197,380 | $ | 189,661 | $ | 129,852 | $ | 88,715 | |||||||||
Fixed Charges | |||||||||||||||||||
Interest expense | $ | 42,149 | $ | 39,594 | $ | 34,216 | $ | 23,302 | $ | 8,523 | |||||||||
Interest capitalized | 510 | 549 | 357 | 576 | 378 | ||||||||||||||
Amortization of costs related to indebtedness | 3,592 | 3,514 | 3,413 | 3,070 | 706 | ||||||||||||||
Total Fixed Charges | 46,251 | 43,657 | 37,986 | 26,948 | 9,607 | ||||||||||||||
Preferred Stock Dividends(1) | — | — | — | — | — | ||||||||||||||
Combined Fixed Charges and Preferred Stock Dividends | $ | 46,251 | $ | 43,657 | $ | 37,986 | $ | 26,948 | $ | 9,607 | |||||||||
Ratio of Earnings to Fixed Charges | 4.44 | 4.52 | 4.99 | 4.82 | 9.23 | ||||||||||||||
(1) There was no preferred stock outstanding for any of the periods presented. | |||||||||||||||||||