EX-12.2 3 exh12_2.htm STATEMENT RE: COMPUTATION OF RATIOS FOR THE OPERATING PARTNERSHIP exh12_2.htm
 
Exhibit 12.2
 
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
RATIO OF EARNINGS TO FIXED CHARGES AND
 
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
 
PREFERRED UNIT DISTRIBUTIONS

   
Three Months Ended March 31, 2011
  
Earnings:
        
Income from continuing operations before equity in earnings of unconsolidated affiliates
  
$
10,976
  
Fixed charges
    
24,120
  
Capitalized interest
    
(207
)
Distributions of earnings from unconsolidated affiliates
    
1,132
  
Total earnings
  
$
36,021
  
         
Fixed charges and Preferred Unit distributions:
        
Contractual interest expense
  
$
22,431
  
Amortization of deferred financing costs
    
821
  
Interest expense on financing obligations
    
291
  
Capitalized interest
    
207
  
Interest component of rental expense
    
370
  
Total fixed charges
    
24,120
  
Distributions on Preferred Units
    
1,677
  
Total fixed charges and Distributions on Preferred Units
  
$
25,797
  
         
Ratio of earnings to fixed charges
    
1.49
  
Ratio of earnings to combined fixed charges and Distributions on Preferred Units
    
1.40