EX-12.2 3 hiw03312014ex122.htm EXHIBIT HIW 03.31.2014 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

 
 
Three Months Ended March 31, 2014
Earnings:
 
 
Income from continuing operations before equity in earnings/(losses) of unconsolidated affiliates
 
$
13,221

Fixed charges
 
22,795

Capitalized interest
 
(566
)
Distributions of earnings from unconsolidated affiliates
 
788

Total earnings
 
$
36,238

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
20,750

Amortization of deferred financing costs
 
652

Financing obligations interest income
 
(40
)
Capitalized interest
 
566

Interest component of rental expense
 
867

Total fixed charges
 
22,795

Preferred Unit distributions
 
627

Total fixed charges and Preferred Unit distributions
 
$
23,422

 
 
 
Ratio of earnings to fixed charges
 
1.59

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.55