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context, extension, leading, lending, level, partially, repaid, Spetember, St, subsidiary, unseasonably
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EXHIBIT 12.2
DUKE REALTY LIMITED PARTNERSHIP
EARNINGS TO DEBT SERVICE CALCULATIONS
(in thousands except ratios)
|
| Nine Months Ended |
| |
|
| September 30, 2007 |
| |
|
|
|
| |
Net income from continuing operations, less preferred distributions |
| $ | 53,680 |
|
Interest expense (excludes amortization of deferred financing fees) |
| 116,776 |
| |
Earnings before debt service |
| $ | 170,456 |
|
|
|
|
| |
Interest expense (excludes amortization of deferred financing fees) |
| $ | 116,776 |
|
Recurring principal amortization |
| 7,832 |
| |
Total debt service |
| $ | 124,608 |
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|
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Ratio of earnings to debt service |
| 1.37 |
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