EX-12.2 3 udr-2012630x10xqxex122.htm EXHIBIT 12.2
EXHIBIT 12.2
United Dominion Realty, L.P.
Computation of Ratio Earnings to Fixed Charges
(Dollars in thousands)

| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2012 |  | 2011 |  | 2012 |  | 2011
Loss from continuing operations | $ | (1,969 | ) |  | $ | (10,245 | ) |  | $ | (9,783 | ) |  | $ | (14,259 | )
Add from continuing operations: |  |  |  |  |  |  |
Interest on indebtedness | 12,891 |  |  | 13,780 |  |  | 25,861 |  |  | 24,979 |
Portion of rents representative of the interest factor | 414 |  |  | 401 |  |  | 826 |  |  | 795 |
| $ | 11,336 |  |  | $ | 3,936 |  |  | $ | 16,904 |  |  | $ | 11,515 |
Fixed charges from continuing operations: |  |  |  |  |  |  |
Interest on indebtedness | $ | 12,891 |  |  | $ | 13,780 |  |  | $ | 25,861 |  |  | $ | 24,979 |
Capitalized interest | 680 |  |  | 503 |  |  | 1,319 |  |  | 911 |
Portion of rents representative of the interest factor | 414 |  |  | 401 |  |  | 826 |  |  | 795 |
Fixed charges | $ | 13,985 |  |  | $ | 14,684 |  |  | $ | 28,006 |  |  | $ | 26,685 |
Ratio of earnings to fixed charges | — |  |  | — |  |  | — |  |  | — |

For the three months ending June 30, 2012 and 2011, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $2.6 million and $10.7 million, respectively.
For the six months ending June 30, 2012 and 2011. the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $11.1 million and $15.2 million, respectively.