Attached files

file filename
10-Q - 2Q 2011 10-Q - HIGHWOODS PROPERTIES, INC.hiw2q11.htm
EX-10.2 - AMENDMENT NO. 1, DATED AS OF JULY 27, 2011, TO CREDIT AGREEMENT, DATED AS OF FEBRUARY 2, 2011 - HIGHWOODS PROPERTIES, INC.exh10_2.htm
EX-32.2 - CERTIFICATION PURSUANT TO SECTION 906 FOR THE COMPANY - HIGHWOODS PROPERTIES, INC.exh32_2.htm
EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 FOR THE COMPANY - HIGHWOODS PROPERTIES, INC.exh32_1.htm
EX-31.3 - CERTIFICATION PURSUANT TO SECTION 302 FOR THE OPERATING PARTNERSHIP - HIGHWOODS PROPERTIES, INC.exh31_3.htm
EX-31.1 - CERTIFICATION PURSUANT TO SECTION 302 FOR THE COMPANY - HIGHWOODS PROPERTIES, INC.exh31_1.htm
EX-32.4 - CERTIFICATION PURSUANT TO SECTION 906 FOR THE OPERATING PARTNERSHIP - HIGHWOODS PROPERTIES, INC.exh32_4.htm
EX-31.2 - CERTIFICATION PURSUANT TO SECTION 302 FOR THE COMPANY - HIGHWOODS PROPERTIES, INC.exh31_2.htm
EX-31.4 - CERTIFICATION PURSUANT TO SECTION 302 FOR THE OPERATING PARTNERSHIP - HIGHWOODS PROPERTIES, INC.exh31_4.htm
EX-10.1 - THIRD AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF JULY 27, 2011 - HIGHWOODS PROPERTIES, INC.exh10_1.htm
EX-32.3 - CERTIFICATION PURSUANT TO SECTION 906 FOR THE OPERATING PARTNERSHIP - HIGHWOODS PROPERTIES, INC.exh32_3.htm
EX-12.2 - STATEMENT RE: COMPUTATION OF RATIOS FOR THE OPERATING PARTNERSHIP - HIGHWOODS PROPERTIES, INC.exh12_2.htm
 

 
Exhibit 12.1

HIGHWOODS PROPERTIES, INC.
 
RATIO OF EARNINGS TO FIXED CHARGES AND
 
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
 
PREFERRED STOCK DIVIDENDS

   
Six Months Ended June 30, 2011
 
Earnings:
       
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
23,429
 
Fixed charges
   
48,488
 
Capitalized interest
   
(344
)
Distributions of earnings from unconsolidated affiliates
   
2,162
 
Total earnings
 
$
73,735
 
         
Fixed charges and Preferred Stock dividends:
       
Contractual interest expense
 
$
45,371
 
Amortization of deferred financing costs
   
1,642
 
Interest expense on financing obligations
   
437
 
Capitalized interest
   
344
 
Interest component of rental expense
   
694
 
Total fixed charges
   
48,488
 
Dividends on Preferred Stock
   
3,299
 
Total fixed charges and Dividends on Preferred Stock
 
$
51,787
 
         
Ratio of earnings to fixed charges
   
1.52
 
Ratio of earnings to combined fixed charges and Dividends on Preferred Stock
   
1.42