Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - HIGHWOODS PROPERTIES, INC.Financial_Report.xls
EX-31.2 - EXHIBIT 31.2 - HIGHWOODS PROPERTIES, INC.hiw03312015ex312.htm
EX-32.3 - EXHIBIT 32.3 - HIGHWOODS PROPERTIES, INC.hiw03312015ex323.htm
EX-31.3 - EXHIBIT 31.3 - HIGHWOODS PROPERTIES, INC.hiw03312015ex313.htm
EX-31.1 - EXHIBIT 31.1 - HIGHWOODS PROPERTIES, INC.hiw03312015ex311.htm
EX-31.4 - EXHIBIT 31.4 - HIGHWOODS PROPERTIES, INC.hiw03312015ex314.htm
EX-32.4 - EXHIBIT 32.4 - HIGHWOODS PROPERTIES, INC.hiw03312015ex324.htm
EX-32.1 - EXHIBIT 32.1 - HIGHWOODS PROPERTIES, INC.hiw03312015ex321.htm
EX-12.2 - EXHIBIT 12.2 - HIGHWOODS PROPERTIES, INC.hiw03312015ex122.htm
EX-32.2 - EXHIBIT 32.2 - HIGHWOODS PROPERTIES, INC.hiw03312015ex322.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0331201510q.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

 
 
Three Months Ended
March 31, 2015
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
19,024

Fixed charges
 
24,249

Capitalized interest
 
(1,968
)
Distributions of earnings from unconsolidated affiliates
 
1,386

Total earnings
 
$
42,691

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
20,442

Amortization of deferred financing costs
 
800

Financing obligations interest expense
 
181

Capitalized interest
 
1,968

Interest component of rental expense
 
858

Total fixed charges
 
24,249

Preferred Stock dividends
 
627

Total fixed charges and Preferred Stock dividends
 
$
24,876

 
 
 
Ratio of earnings to fixed charges
 
1.76

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
1.72