Diversified Healthcare Trust (DHC) 10-Q 2013 Q3 Quarterly report

Exhibit 12.1

Senior Housing Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)

	Nine Months Ended		Year Ended December 31,
	September 30, 2013		2012		2011		2010		2009		2008
Earnings:
Income from continuing operations before income tax expense (1)	$	103,277	$	131,647	$	148,128	$	116,373	$	109,616	$	106,479
Fixed charges	88,536		117,240		98,262		80,017		56,404		40,154
Adjusted earnings	$	191,813	$	248,887	$	246,390	$	196,390	$	166,020	$	146,633
Fixed charges:
Interest expense	$	88,536	$	117,240	$	98,262	$	80,017	$	56,404	$	40,154
Ratio of earnings to fixed charges	2.2x		2.1x		2.5x		2.5x		2.9x		3.7x

(1)Income from continuing operations before income tax expense is exclusive of equity in earnings of an investee.