EXHIBIT 12.2
United Dominion Realty, L.P.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| | | | | | | | | | | | | | | | | |
| | | Three Months Ended September 30, | | | Nine Months Ended September 30, | |
| | | 2010 | | | 2009 | | | 2010 | | | 2009 | |
| (Loss)/income from continuing operations | | $ | (8,589 | ) | | $ | (3,517 | ) | | $ | (17,332 | ) | | $ | 1,755 | |
| Add from continuing operations: | | | | | | | | | | | | | | | | |
| Interest on indebtedness (a) | | | 13,240 | | | | 13,795 | | | | 39,281 | | | | 38,908 | |
| Portion of rents representative of the interest factor | | | 389 | | | | 387 | | | | 1,175 | | | | 1,165 | |
| | | | | | | | | | | | | |
| Earnings | | $ | 5,040 | | | $ | 10,665 | | | $ | 23,124 | | | $ | 41,828 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Fixed charges from continuing operations: | | | | | | | | | | | | | | | | |
| Interest on indebtedness (a) | | $ | 13,240 | | | $ | 13,795 | | | $ | 39,281 | | | $ | 38,908 | |
| Capitalized interest | | | 373 | | | | 70 | | | | 963 | | | | 130 | |
| Portion of rents representative of the interest factor | | | 389 | | | | 387 | | | | 1,175 | | | | 1,165 | |
| | | | | | | | | | | | | |
| Fixed charges | | | 14,002 | | | | 14,252 | | | | 41,419 | | | | 40,203 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Ratio of earnings to fixed charges | | | — | | | | — | | | | — | | | | 1.04 | |
For the three months ended September 30, 2010 and 2009, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $9.0 million and $3.6 million, respectively.
For the nine months ended September 30, 2010, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $18.3 million.
