EX-12.1 3 a2212879zex-12_1.htm EX-12.1
QuickLinks -- Click here to rapidly navigate through this document

Exhibit 12.1

Senior Housing Properties Trust
Computation of Ratios of Earnings to Fixed Charges
(dollars in thousands)

|  | Year Ended December 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |  | 2010 |  | 2009 |  | 2008 |
Earnings: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income before income tax expense |  | $ | 136,259 |  | $ | 151,731 |  | $ | 116,785 |  | $ | 110,027 |  | $ | 106,744 |
Fixed charges |  |  | 117,240 |  |  | 98,262 |  |  | 80,017 |  |  | 56,404 |  |  | 40,154 |
Adjusted earnings |  | $ | 253,499 |  | $ | 249,993 |  | $ | 196,802 |  | $ | 166,431 |  | $ | 146,898 |
Fixed charges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  | $ | 117,240 |  | $ | 98,262 |  | $ | 80,017 |  | $ | 56,404 |  | $ | 40,154 |
Ratio of earnings to fixed charges |  |  | 2.2x |  |  | 2.5x |  |  | 2.5x |  |  | 2.9x |  |  | 3.7x |

QuickLinks

Exhibit 12.1

Senior Housing Properties Trust Computation of Ratios of Earnings to Fixed Charges (dollars in thousands)