EX-12.2 3 udr-2012930x10xqxex122.htm EXHIBIT 12.2 UDR-2012.9.30-10-Q-Ex.12.2


EXHIBIT 12.2

United Dominion Realty, L.P.
Computation of Ratio Earnings to Fixed Charges
(Dollars in thousands)

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
Income/(loss) from continuing operations
$
256

 
$
(8,390
)
 
$
(9,527
)
 
$
(22,649
)
 
 
 
 
 
 
 
 
Add from continuing operations:
 
 
 
 
 
 
 
Interest on indebtedness
9,847

 
13,948

 
35,708

 
38,927

Portion of rents representative of the interest factor
416

 
403

 
1,242

 
1,198

 
$
10,519

 
$
5,961

 
$
27,423

 
$
17,476

Fixed charges from continuing operations:
 
 
 
 
 
 
 
Interest on indebtedness
$
9,847

 
$
13,948

 
$
35,708

 
$
38,927

Capitalized interest
1,151

 
445

 
2,470

 
1,356

Portion of rents representative of the interest factor
416

 
403

 
1,242

 
1,198

Fixed charges
$
11,414

 
$
14,796

 
$
39,420

 
$
41,481

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
—

 
—

 
—

 
—

For the three months ending September 30, 2012 and 2011, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $895,000 and $8.8 million, respectively.
For the six months ending September 30, 2012 and 2011. the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $12.0 million and $24.0 million, respectively.