Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - HIGHWOODS PROPERTIES, INC.hiw09302018ex322.htm
EX-32.4 - EXHIBIT 32.4 - HIGHWOODS PROPERTIES, INC.hiw09302018ex324.htm
EX-32.3 - EXHIBIT 32.3 - HIGHWOODS PROPERTIES, INC.hiw09302018ex323.htm
EX-32.1 - EXHIBIT 32.1 - HIGHWOODS PROPERTIES, INC.hiw09302018ex321.htm
EX-31.4 - EXHIBIT 31.4 - HIGHWOODS PROPERTIES, INC.hiw09302018ex314.htm
EX-31.3 - EXHIBIT 31.3 - HIGHWOODS PROPERTIES, INC.hiw09302018ex313.htm
EX-31.2 - EXHIBIT 31.2 - HIGHWOODS PROPERTIES, INC.hiw09302018ex312.htm
EX-31.1 - EXHIBIT 31.1 - HIGHWOODS PROPERTIES, INC.hiw09302018ex311.htm
EX-12.2 - EXHIBIT 12.2 - HIGHWOODS PROPERTIES, INC.hiw09302018ex122.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0930201810q.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, 2018
Earnings:
 
 
Income before equity in earnings of unconsolidated affiliates
 
$
120,612

Fixed charges
 
60,277

Capitalized interest
 
(4,674
)
Distributions of earnings from unconsolidated affiliates
 
1,943

Total earnings
 
$
178,158

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
51,579

Amortization of debt issuance costs
 
2,126

Capitalized interest
 
4,674

Interest component of rental expense
 
1,898

Total fixed charges
 
60,277

Preferred Stock dividends
 
1,869

Total fixed charges and Preferred Stock dividends
 
$
62,146

 
 
 
Ratio of earnings to fixed charges
 
2.96

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
2.87