EX-12.3 4 exh12_3.htm STATEMENT RE: COMPUTATION OF RATIOS

exh12_3.htm

Exhibit 12.3

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, 2010
Earnings:
Income from continuing operations before equity in earnings of unconsolidated affiliates		$	11,099
Fixed charges			23,827
Capitalized interest			(353	)
Distributions of earnings from unconsolidated affiliates			657
Total earnings		$	35,230
Fixed charges and Preferred Unit distributions:
Contractual interest expense		$	21,802
Amortization of deferred financing costs			835
Interest expense on financing obligations			476
Capitalized interest			353
Interest component of rental expense			361
Total fixed charges			23,827
Distributions on Preferred Units			1,677
Total fixed charges and Distributions on Preferred Units		$	25,504
Ratio of earnings to fixed charges			1.48
Ratio of earnings to combined fixed charges and Distributions on Preferred Units			1.38