EX-12.2 3 hiw06302014ex122.htm EXHIBIT HIW 06.30.2014 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

 
 
Six Months Ended
June 30, 2014
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
37,066

Fixed charges
 
45,799

Capitalized interest
 
(1,503
)
Distributions of earnings from unconsolidated affiliates
 
1,216

Total earnings
 
$
82,578

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
41,390

Amortization of deferred financing costs
 
1,451

Financing obligations interest income
 
(266
)
Capitalized interest
 
1,503

Interest component of rental expense
 
1,721

Total fixed charges
 
45,799

Preferred Unit distributions
 
1,254

Total fixed charges and Preferred Unit distributions
 
$
47,053

 
 
 
Ratio of earnings to fixed charges
 
1.80

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.75