EX-12.2 3 hiw06302015ex122.htm EXHIBIT 12.2 HIW 06.30.2015 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, 2015
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
44,139

Fixed charges
 
48,575

Capitalized interest
 
(3,432
)
Distributions of earnings from unconsolidated affiliates
 
3,438

Total earnings
 
$
92,720

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
41,299

Amortization of deferred financing costs
 
1,628

Financing obligation interest expense
 
498

Capitalized interest
 
3,432

Interest component of rental expense
 
1,718

Total fixed charges
 
48,575

Preferred Unit distributions
 
1,253

Total fixed charges and Preferred Unit distributions
 
$
49,828

 
 
 
Ratio of earnings to fixed charges
 
1.91

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.86