EX-12.2 4 exhibit122-3312015.htm EXHIBIT 12.2 Exhibit 12.2 - 3.31.2015


EXHIBIT 12.2
United Dominion Realty, L.P.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
 
Three Months Ended March 31,
 
 
2015
 
2014
 
Earnings:
 
 
 
 
Income/(loss) from continuing operations
$
12,117

 
$
6,411

 
Add from continuing operations:
 
 
 
 
Interest on indebtedness (1)
10,771

 
10,014

 
Portion of rents representative of the interest factor
471

 
431

 
Amortization of capitalized interest
181

 
181

 
Total earnings
$
23,540

 
$
17,037

 
Fixed charges from continuing operations:
 
 
 
 
Interest on indebtedness (1)
$
10,771

 
$
10,014

 
Interest capitalized
22

 
1,024

 
Portion of rents representative of the interest factor
471

 
431

 
Fixed charges
$
11,264

 
$
11,469

 
 
 
 
 
 
Ratio of earnings to fixed charges
2.1

 
1.5

 
(1)
Includes interest expense of consolidated subsidiaries, amortization of deferred loan costs, realized losses related to hedging activities and amortization of premiums and discounts related to indebtedness.