EX-12.2 4 copt06302014ex122.htm EXHIBIT 12.2
EXHIBIT 12.2
Corporate Office Properties, L.P.
Ratio of Earnings to Fixed Charges
(Dollars in thousands)

|  | Six Months Ended June 30, 2014
Earnings: |  |
Income from continuing operations before equity in income of unconsolidated entities and income taxes |  | $ | 15,051 |
Fixed charges (from below) |  | 47,813 |
Amortization of capitalized interest |  | 1,162 |
Distributed income of equity investees |  | 53 |
Subtract: |  |
Capitalized interest (from below) |  | (3,011 | )
Preferred distributions of other consolidated entities |  | (8 | )
Total earnings |  | $ | 61,060 |
Fixed charges: |  |
Interest expense on continuing operations |  | $ | 44,305 |
Capitalized interest (internal and external) |  | 3,011 |
Amortization of debt issuance costs-capitalized |  | 161 |
Interest included in rental expense |  | 328 |
Preferred distributions of other consolidated entities |  | 8 |
Total fixed charges |  | $ | 47,813 |
Ratio of earnings to fixed charges |  | 1.28 |