EX-12.2 6 v415226_ex12-2.htm EXHIBIT 12.2

 

Exhibit 12.2

 

LEPERCQ CORPORATE INCOME FUND L.P.

and Consolidated Subsidiaries

($000's)

RATIO OF EARNINGS TO FIXED CHARGES

 

 

   For the six months ended
June 30,
   For the years ended December 31, 
Earnings  2015   2014   2013   2012   2011   2010 
Income before provision for income taxes, equity in earnings (losses) of non-consolidated entities and discontinued operations  $22,476   $40,689   $9,321   $12,265   $14,629   $12,632 
Interest expense   13,961    26,990    12,488    13,468    13,831    16,115 
Amortization expense - debt cost   757    1,277    623    586    590    915 
Cash received from joint ventures   68    15                 
Total  $37,262   $68,971   $22,432   $26,319   $29,050   $29,662 
                               
Fixed charges:                              
Interest expense  $13,961   $26,990   $12,488   $13,468   $13,831   $16,115 
Amortization expense - debt cost   757    1,277    623    586    590    915 
Capitalized interest expense   87    60    46    49    748     
Total  $14,805   $28,327   $13,157   $14,103   $15,169   $17,030 
                               
Ratio   2.52    2.43    1.70    1.87    1.92    1.74