EX-12.2 3 hiw03312012ex122.htm COMPUTATION RE: RATIO OF EARNINGS FOR THE OPERATING PARTNERSHIP HIW 03.31.2012 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


 
 
Three Months Ended
 
 
March 31, 2012
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
13,277

Fixed charges
 
25,274

Capitalized interest
 
(101
)
Distributions of earnings from unconsolidated affiliates
 
1,381

Total earnings
 
$
39,831

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
23,948

Amortization of deferred financing costs
 
902

Financing obligations interest expense
 
(48
)
Capitalized interest
 
101

Interest component of rental expense
 
371

Total fixed charges
 
25,274

Preferred Unit distributions
 
627

Total fixed charges and Preferred Unit distributions
 
$
25,901

 
 
 
Ratio of earnings to fixed charges
 
1.58

 
 
 
Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.54