Kimco Realty (KIM) 10-Q 2013 Q3 Quarterly report

Exhibit 12.2

Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

For the nine months ended September 30, 2013

Pretax earnings from continuing operations before adjustment fornoncontrolling interests or income loss from equity investees	$	(14,802,811	)
Add:
Interest on indebtedness (excluding capitalized interest)		164,129,403
Amortization of debt related expenses		5,381,025
Portion of rents representative of theinterest factor		5,876,374
		160,583,991
Distributed income from equity investees		211,361,681
Pretax earnings from continuing operations, as adjusted	$	371,945,672
Combined fixed charges and preferred stock dividends -
Interest on indebtedness (including capitalized interest)	$	165,017,374
Preferred dividend factor		50,512,085
Amortization of debt related expenses		1,918,221
Portion of rents representative of theinterest factor		5,876,374
Combined fixed charges and preferred stock dividends	$	223,324,054
Ratio of Earnings to Combined Fixed Chargesand Preferred Stock Dividends		1.7