EX-12.2 3 hiw03312017ex122.htm EXHIBIT 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, 2017
Earnings: |  |
Income from continuing operations before equity in earnings of unconsolidated affiliates |  | $ | 32,530 |
Fixed charges |  | 21,741 |
Capitalized interest |  | (3,242 | )
Distributions of earnings from unconsolidated affiliates |  | 2,431 |
Total earnings |  | $ | 53,460 |
Fixed charges and Preferred Unit distributions: |  |
Contractual interest expense |  | $ | 17,023 |
Amortization of debt issuance costs |  | 840 |
Capitalized interest |  | 3,242 |
Interest component of rental expense |  | 636 |
Total fixed charges |  | 21,741 |
Preferred Unit distributions |  | 623 |
Total fixed charges and Preferred Unit distributions |  | $ | 22,364 |
Ratio of earnings to fixed charges |  | 2.46 |
Ratio of earnings to combined fixed charges and Preferred Unit distributions |  | 2.39 |