EX-12.2 3 hiw06302012ex122.htm RATIO OF EARNINGS FOR THE OPERATING PARTNERSHIP HIW 06.30.2012 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


 
 
Six Months Ended
 June 30, 2012
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
23,674

Fixed charges
 
50,364

Capitalized interest
 
(327
)
Distributions of earnings from unconsolidated affiliates
 
2,211

Total earnings
 
$
75,922

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
47,591

Amortization of deferred financing costs
 
1,802

Financing obligations interest expense
 
(96
)
Capitalized interest
 
327

Interest component of rental expense
 
740

Total fixed charges
 
50,364

Preferred Unit distributions
 
1,254

Total fixed charges and Preferred Unit distributions
 
$
51,618

 
 
 
Ratio of earnings to fixed charges
 
1.51

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.47