Highwoods Properties (HIW) 10-Q 2018 Q1 Quarterly report

Exhibit 12.2

HIGHWOODS REALTY LIMITED PARTNERSHIP

RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND

PREFERRED UNIT DISTRIBUTIONS

	Three Months Ended March 31, 2018
Earnings:
Income before equity in earnings of unconsolidated affiliates	$	33,724
Fixed charges	20,351
Capitalized interest	(1,326		)
Distributions of earnings from unconsolidated affiliates	881
Total earnings	$	53,630
Fixed charges and Preferred Unit distributions:
Contractual interest expense	$	17,705
Amortization of debt issuance costs	686
Capitalized interest	1,326
Interest component of rental expense	634
Total fixed charges	20,351
Preferred Unit distributions	623
Total fixed charges and Preferred Unit distributions	$	20,974
Ratio of earnings to fixed charges	2.64
Ratio of earnings to combined fixed charges and Preferred Unit distributions	2.56