EX-12.2 9 udr-2013630x10qxex122.htm EXHIBIT UDR-2013.6.30-10Q-Ex 12.2


EXHIBIT 12.2

United Dominion Realty, L.P.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
Income/(loss) from continuing operations
$
10,220

 
$
(1,969
)
 
$
17,994

 
$
(9,783
)
 
 
 
 
 
 
 
 
Add from continuing operations:
 
 
 
 
 
 
 
Interest on indebtedness
9,050

 
12,891

 
18,312

 
25,861

Portion of rents representative of the interest factor
423

 
414

 
845

 
826

 
$
19,693

 
$
11,336

 
$
37,151

 
$
16,904

Fixed charges from continuing operations:
 
 
 
 
 
 
 
Interest on indebtedness
$
9,050

 
$
12,891

 
$
18,312

 
$
25,861

Capitalized interest
1,461

 
680

 
2,720

 
1,319

Portion of rents representative of the interest factor
423

 
414

 
845

 
826

Fixed charges
$
10,934

 
$
13,985

 
$
21,877

 
$
28,006

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
1.8

 
—

 
1.7

 
—

For the three months ended June 30, 2012, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $2.6 million.
For the six months ended June 30, 2012, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $11.1 million.