Attached files

file filename
EX-31.3 - EXHIBIT 31.3 - HIGHWOODS PROPERTIES, INC.hiw06302015ex313.htm
EX-32.2 - EXHIBIT 32.2 - HIGHWOODS PROPERTIES, INC.hiw06302015ex322.htm
EX-32.1 - EXHIBIT 32.1 - HIGHWOODS PROPERTIES, INC.hiw06302015ex321.htm
EX-31.1 - EXHIBIT 31.1 - HIGHWOODS PROPERTIES, INC.hiw06302015ex311.htm
EX-32.3 - EXHIBIT 32.3 - HIGHWOODS PROPERTIES, INC.hiw06302015ex323.htm
EX-31.4 - EXHIBIT 31.4 - HIGHWOODS PROPERTIES, INC.hiw06302015ex314.htm
EX-32.4 - EXHIBIT 32.4 - HIGHWOODS PROPERTIES, INC.hiw06302015ex324.htm
EX-31.2 - EXHIBIT 31.2 - HIGHWOODS PROPERTIES, INC.hiw06302015ex312.htm
EX-12.2 - EXHIBIT 12.2 - HIGHWOODS PROPERTIES, INC.hiw06302015ex122.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0630201510q.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, 2015
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
44,139

Fixed charges
 
48,575

Capitalized interest
 
(3,432
)
Distributions of earnings from unconsolidated affiliates
 
3,438

Total earnings
 
$
92,720

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
41,299

Amortization of deferred financing costs
 
1,628

Financing obligation interest expense
 
498

Capitalized interest
 
3,432

Interest component of rental expense
 
1,718

Total fixed charges
 
48,575

Preferred Stock dividends
 
1,253

Total fixed charges and Preferred Stock dividends
 
$
49,828

 
 
 
Ratio of earnings to fixed charges
 
1.91

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
1.86