EX-12.2 5 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


   
Six Months Ended June 30, 2011
 
Earnings:
       
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
23,429
 
Fixed charges
   
48,488
 
Capitalized interest
   
(344
)
Distributions of earnings from unconsolidated affiliates
   
2,150
 
Total earnings
 
$
73,723
 
         
Fixed charges and Preferred Unit distributions:
       
Contractual interest expense
 
$
45,371
 
Amortization of deferred financing costs
   
1,642
 
Interest expense on financing obligations
   
437
 
Capitalized interest
   
344
 
Interest component of rental expense
   
694
 
Total fixed charges
   
48,488
 
Distributions on Preferred Units
   
3,299
 
Total fixed charges and Distributions on Preferred Units
 
$
51,787
 
         
Ratio of earnings to fixed charges
   
1.52
 
Ratio of earnings to combined fixed charges and Distributions on Preferred Units
   
1.42