EX-12.2 3 udr-2012630x10xqxex122.htm EXHIBIT 12.2 UDR-2012.6.30-10-Q-Ex.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.