EX-12.2 3 c208-20180331ex122ada48e.htm EX-12.2 udr_Ex12_2

 

EXHIBIT 12.2

 

United Dominion Realty, L.P.

 

Computation of Ratio of Earnings to Fixed Charges

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

 

 

2018

 

2017

Earnings:

 

 

 

 

 

 

Income/(loss) from continuing operations

 

$

21,545

 

$

14,007

Add (from continuing operations):

 

 

 

 

 

 

Interest on indebtedness (a)

 

 

5,026

 

 

8,611

Portion of rents representative of the interest factor

 

 

478

 

 

462

Amortization of capitalized interest

 

 

174

 

 

186

Total earnings

 

$

27,223

 

$

23,266

 

 

 

 

 

 

 

Fixed charges from continuing operations:

 

 

 

 

 

 

Interest on indebtedness (a)

 

$

5,026

 

$

8,611

Interest capitalized

 

 

39

 

 

 3

Portion of rents representative of the interest factor

 

 

478

 

 

462

Fixed charges

 

$

5,543

 

$

9,076

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

4.91

 

 

2.56

(a)

Includes interest expense of consolidated subsidiaries, amortization of deferred loan costs, realized losses related to hedging activities and amortization of premiums and discounts related to indebtedness.