EX-12.2 3 hiw06302013ex122.htm COMPUTATION OF RATIOS OF THE OPERATING PARTNERSHIP HIW 06.30.2013 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

 
 
Six Months Ended
June 30, 2013
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
28,051

Fixed charges
 
49,532

Capitalized interest
 
(1,136
)
Distributions of earnings from unconsolidated affiliates
 
2,814

Total earnings
 
$
79,261

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
45,196

Amortization of deferred financing costs
 
1,897

Financing obligations interest expense
 
61

Capitalized interest
 
1,136

Interest component of rental expense
 
1,242

Total fixed charges
 
49,532

Preferred Unit distributions
 
1,254

Total fixed charges and Preferred Unit distributions
 
$
50,786

 
 
 
Ratio of earnings to fixed charges
 
1.60

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.56