EX-12.2 3 hiw09302018ex122.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

|  | Nine Months Ended September 30, 2018
Earnings: |  |
Income before equity in earnings of unconsolidated affiliates |  | $ | 120,612 |
Fixed charges |  | 60,277 |
Capitalized interest |  | (4,674 | )
Distributions of earnings from unconsolidated affiliates |  | 1,943 |
Total earnings |  | $ | 178,158 |
Fixed charges and Preferred Unit distributions: |  |
Contractual interest expense |  | $ | 51,579 |
Amortization of debt issuance costs |  | 2,126 |
Capitalized interest |  | 4,674 |
Interest component of rental expense |  | 1,898 |
Total fixed charges |  | 60,277 |
Preferred Unit distributions |  | 1,869 |
Total fixed charges and Preferred Unit distributions |  | $ | 62,146 |
Ratio of earnings to fixed charges |  | 2.96 |
Ratio of earnings to combined fixed charges and Preferred Unit distributions |  | 2.87 |