EX-12.2 4 hiw06302018ex122.htm EXHIBIT 12.2 Exhibit


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, 2018
Earnings:
 
 
Income before equity in earnings of unconsolidated affiliates
 
$
86,176

Fixed charges
 
40,442

Capitalized interest
 
(2,912
)
Distributions of earnings from unconsolidated affiliates
 
1,706

Total earnings
 
$
125,412

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
34,860

Amortization of debt issuance costs
 
1,408

Capitalized interest
 
2,912

Interest component of rental expense
 
1,262

Total fixed charges
 
40,442

Preferred Unit distributions
 
1,246

Total fixed charges and Preferred Unit distributions
 
$
41,688

 
 
 
Ratio of earnings to fixed charges
 
3.10

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
3.01