EXHIBIT 12.2
United Dominion Realty, L.P.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
|
| | | | | | | |
| | Three Months Ended March 31, |
| | 2016 | | 2015 |
| Earnings: | | | |
| Income/(loss) from continuing operations | $ | 5,131 |
| | $ | 12,117 |
|
| Add from continuing operations: | | | |
| Interest on indebtedness (a) | 7,605 |
| | 10,771 |
|
| Portion of rents representative of the interest factor | 453 |
| | 471 |
|
| Amortization of capitalized interest | 176 |
| | 181 |
|
| Total earnings | $ | 13,365 |
| | $ | 23,540 |
|
| Fixed charges from continuing operations: | | | |
| Interest on indebtedness (a) | $ | 7,605 |
| | $ | 10,771 |
|
| Interest capitalized | 124 |
| | 22 |
|
| Portion of rents representative of the interest factor | 453 |
| | 471 |
|
| Fixed charges | $ | 8,182 |
| | $ | 11,264 |
|
| | | | |
| Ratio of earnings to fixed charges | 1.63 |
| | 2.09 |
|
(a) Includes interest expense of consolidated subsidiaries, amortization of deferred loan costs, realized losses related to hedging activities and amortization of premiums and discounts related to indebtedness.
