EX-12.2 3 copt03312014ex122.htm EXHIBIT 12.2
EXHIBIT 12.2
Corporate Office Properties, L.P.
Ratio of Earnings to Fixed Charges
(Dollars in thousands)

|  | Three Months Ended March 31, 2014
Earnings: |  |
Income from continuing operations before equity in income of unconsolidated entities and income taxes |  | $ | 5,664 |
Fixed charges (from below) |  | 22,567 |
Amortization of capitalized interest |  | 577 |
Distributed income of equity investees |  | 53 |
Subtract: |  |
Capitalized interest (from below) |  | (1,589 | )
Preferred distributions of other consolidated entities |  | (4 | )
Total earnings |  | $ | 27,268 |
Fixed charges: |  |
Interest expense on continuing operations |  | $ | 20,827 |
Capitalized interest (internal and external) |  | 1,589 |
Interest included in rental expense |  | 147 |
Preferred distributions of other consolidated entities |  | 4 |
Total fixed charges |  | $ | 22,567 |
Ratio of earnings to fixed charges |  | 1.21 |