EX-12.2 3 hiw03312013ex1221.htm RATIO OF EARNINGS FOR THE OPERATING PARTNERSHIP HIW 03.31.2013 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, 2013
Earnings:
 
 
Income from continuing operations before equity in earnings/(losses) of unconsolidated affiliates
 
$
12,699

Fixed charges
 
24,919

Capitalized interest
 
(429
)
Distributions of earnings from unconsolidated affiliates
 
1,139

Total earnings
 
$
38,328

 
 
 
Fixed charges and Preferred Unit distributions:
 
 
Contractual interest expense
 
$
22,798

Amortization of deferred financing costs
 
949

Financing obligations interest expense
 
121

Capitalized interest
 
429

Interest component of rental expense
 
622

Total fixed charges
 
24,919

Preferred Unit distributions
 
627

Total fixed charges and Preferred Unit distributions
 
$
25,546

 
 
 
Ratio of earnings to fixed charges
 
1.54

Ratio of earnings to combined fixed charges and Preferred Unit distributions
 
1.50