Attached files

file filename
EX-32.4 - EXHIBIT 32.4 - HIGHWOODS PROPERTIES, INC.hiw09302016ex324.htm
EX-32.3 - EXHIBIT 32.3 - HIGHWOODS PROPERTIES, INC.hiw09302016ex323.htm
EX-32.2 - EXHIBIT 32.2 - HIGHWOODS PROPERTIES, INC.hiw09302016ex322.htm
EX-32.1 - EXHIBIT 32.1 - HIGHWOODS PROPERTIES, INC.hiw09302016ex321.htm
EX-31.4 - EXHIBIT 31.4 - HIGHWOODS PROPERTIES, INC.hiw09302016ex314.htm
EX-31.3 - EXHIBIT 31.3 - HIGHWOODS PROPERTIES, INC.hiw09302016ex313.htm
EX-31.2 - EXHIBIT 31.2 - HIGHWOODS PROPERTIES, INC.hiw09302016ex312.htm
EX-31.1 - EXHIBIT 31.1 - HIGHWOODS PROPERTIES, INC.hiw09302016ex311.htm
EX-12.2 - EXHIBIT 12.2 - HIGHWOODS PROPERTIES, INC.hiw09302016ex122.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0930201610q.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

 
 
Nine Months Ended September 30, 2016
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
90,500

Fixed charges
 
66,833

Capitalized interest
 
(5,731
)
Distributions of earnings from unconsolidated affiliates
 
3,936

Total earnings
 
$
155,538

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
56,111

Amortization of debt issuance costs
 
2,645

Capitalized interest
 
5,731

Interest component of rental expense
 
2,346

Total fixed charges
 
66,833

Preferred Stock dividends
 
1,877

Total fixed charges and Preferred Stock dividends
 
$
68,710

 
 
 
Ratio of earnings to fixed charges
 
2.33

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
2.26