Attached files

file filename
EX-32.4 - EXHIBIT 32.4 - HIGHWOODS PROPERTIES, INC.hiw03312017ex324.htm
EX-32.3 - EXHIBIT 32.3 - HIGHWOODS PROPERTIES, INC.hiw03312017ex323.htm
EX-32.2 - EXHIBIT 32.2 - HIGHWOODS PROPERTIES, INC.hiw03312017ex322.htm
EX-32.1 - EXHIBIT 32.1 - HIGHWOODS PROPERTIES, INC.hiw03312017ex321.htm
EX-31.4 - EXHIBIT 31.4 - HIGHWOODS PROPERTIES, INC.hiw03312017ex314.htm
EX-31.3 - EXHIBIT 31.3 - HIGHWOODS PROPERTIES, INC.hiw03312017ex313.htm
EX-31.2 - EXHIBIT 31.2 - HIGHWOODS PROPERTIES, INC.hiw03312017ex312.htm
EX-31.1 - EXHIBIT 31.1 - HIGHWOODS PROPERTIES, INC.hiw03312017ex311.htm
EX-12.2 - EXHIBIT 12.2 - HIGHWOODS PROPERTIES, INC.hiw03312017ex122.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0331201710q.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, 2017
Earnings:
 
 
Income from continuing operations before equity in earnings of unconsolidated affiliates
 
$
32,530

Fixed charges
 
21,741

Capitalized interest
 
(3,242
)
Distributions of earnings from unconsolidated affiliates
 
2,431

Total earnings
 
$
53,460

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
17,023

Amortization of debt issuance costs
 
840

Capitalized interest
 
3,242

Interest component of rental expense
 
636

Total fixed charges
 
21,741

Preferred Stock dividends
 
623

Total fixed charges and Preferred Stock dividends
 
$
22,364

 
 
 
Ratio of earnings to fixed charges
 
2.46

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
2.39