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EXHIBIT 12.2
United Dominion Realty, L.P.
Computation of Ratio Earnings to Fixed Charges
(Dollars in thousands)
Three Months Ending March 31, | |||||||
2,012,000 | 2,011,000 | ||||||
Loss from continuing operations | $ | (7,814 | ) | $ | (4,014 | ) | |
Add from continuing operations: | |||||||
Interest on indebtedness | 12,970 | 11,199 | |||||
Portion of rents representative of the interest factor earnings | 413 | 394 | |||||
$ | 5,569 | $ | 7,579 | ||||
Fixed charges from continuing operations: | |||||||
Interest on indebtedness | $ | 12,970 | $ | 11,199 | |||
Capitalized interest | 639 | 408 | |||||
Portion of rents representative of the interest factor | 413 | 394 | |||||
Fixed charges | $ | 14,022 | $ | 12,001 | |||
Ratio of earnings to fixed charges | — | — |
For the three months ending March 31, 2012, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $8.5 million.
For the three months ending March 31, 2011. the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $4.4 million.