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10-Q/A Filing
Diversified Healthcare Trust (DHC) 10-Q/A2006 Q1 Quarterly report (amended)
Filed: 2 Feb 07, 12:00am
Exhibit 12.1
SENIOR HOUSING PROPERTIES TRUST
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
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| Three Months Ended |
| Year Ended December 31, |
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| 2006 |
| 2005 |
| 2005 |
| 2004 |
| 2003 |
| 2002 |
| 2001 |
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| (Restated) |
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| (Restated) |
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Earnings: |
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Net income |
| $ | 10,460 |
| $ | 13,865 |
| $ | 63,912 |
| $ | 56,742 |
| $ | 45,874 |
| $ | 50,184 |
| $ | 17,018 |
|
Fixed charges |
| 11,371 |
| 11,223 |
| 46,633 |
| 41,836 |
| 37,899 |
| 30,210 |
| 7,334 |
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Adjusted earnings |
| $ | 21,831 |
| $ | 25,088 |
| $ | 110,545 |
| $ | 98,578 |
| $ | 83,773 |
| $ | 80,394 |
| $ | 24,352 |
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Fixed charges: |
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Interest expense |
| $ | 11,371 |
| $ | 11,223 |
| $ | 46,633 |
| $ | 41,836 |
| $ | 37,899 |
| $ | 30,210 |
| $ | 7,334 |
|
Ratio of earnings to fixed charges |
| 1.9 | x | 2.2 | x | 2.4 | x | 2.4 | x | 2.2 | x | 2.7 | x | 3.3 | x |
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