EX-12.2 3 hiw03312018ex122.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

 
 
Three Months Ended
March 31, 2018
Earnings:
 
 
Income before equity in earnings of unconsolidated affiliates
 
$
33,724

Fixed charges
 
20,351

Capitalized interest
 
(1,326
)
Distributions of earnings from unconsolidated affiliates
 
881

Total earnings
 
$
53,630

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
17,705

Amortization of debt issuance costs
 
686

Capitalized interest
 
1,326

Interest component of rental expense
 
634

Total fixed charges
 
20,351

Preferred Unit distributions
 
623

Total fixed charges and Preferred Unit distributions
 
$
20,974

 
 
 
Ratio of earnings to fixed charges
 
2.64

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
2.56