EX-12.2 3 hiw09302013ex122.htm EXHIBIT 12.2 HIW 09.30.2013 EX.12.2


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

 
 
Nine Months Ended
September 30, 2013
Earnings:
 
 
Income from continuing operations before equity in earnings/(losses) of unconsolidated affiliates
 
$
47,229

Fixed charges
 
74,663

Capitalized interest
 
(1,940
)
Distributions of earnings from unconsolidated affiliates
 
3,109

Total earnings
 
$
123,061

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
67,879

Amortization of deferred financing costs
 
2,860

Financing obligations interest expense
 
87

Capitalized interest
 
1,940

Interest component of rental expense
 
1,897

Total fixed charges
 
74,663

Preferred Unit distributions
 
1,881

Total fixed charges and Preferred Unit distributions
 
$
76,544

 
 
 
Ratio of earnings to fixed charges
 
1.65

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.61