Exhibit 12.2
National Health Realty
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
Six Months Ended June 30 | Year Ended December 31 | |||||||||||||||
2007 | 2006 | 2006 | 2005 | |||||||||||||
Earnings: | ||||||||||||||||
Pretax income | $ | 5,891 | $ | 6,036 | $ | 12,407 | $ | 11,277 | ||||||||
Minority interest adjustment | 717 | 736 | 1,512 | 1,376 | ||||||||||||
Equity (loss) adjustment | (7 | ) | 81 | 53 | — | |||||||||||
Add fixed charges | 271 | 301 | 604 | 721 | ||||||||||||
Add distributed income of equity investees | — | — | 89 | — | ||||||||||||
Total Earnings Available for Fixed Charges | $ | 6,872 | $ | 7,154 | $ | 14,665 | $ | 13,374 | ||||||||
Fixed charges: | ||||||||||||||||
Interest expensed | $ | 271 | $ | 301 | $ | 604 | $ | 721 | ||||||||
Total fixed charges | $ | 271 | $ | 301 | $ | 604 | $ | 721 | ||||||||
Ratio of Earnings to Fixed Charges | 25.4× | 23.8× | 24.3× | 18.5× |