EX-12.2 3 d78598exv12w2.htm EX-12.2 exv12w2
 
Exhibit 12.2
 
United Dominion Realty, L.P.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
 
                                         
    Years Ended December 31,  
    2010     2009     2008     2007     2006  
 
(Loss)/income from continuing operations
  $  (27,562 )   $  (5,520 )   $ 9,636     $  116,370     $ 15,522  
Add from continuing operations:
                                       
Interest on indebtedness(a)
    52,222       53,547       46,671       35,455       37,727  
Portion of rents representative of the interest factor
    1,564       1,543       1,437       447       379  
                                         
Earnings
  $ 26,224     $ 49,570     $ 57,744     $ 152,272     $ 53,628  
                                         
Fixed charges from continuing operations:
                                       
Interest on indebtedness(a)
  $ 52,222     $ 53,547     $ 46,671     $ 35,455     $ 37,727  
Capitalized interest
    1,340       444       573       909       1,096  
Portion of rents representative of the interest factor
    1,564       1,543       1,437       447       379  
                                         
Fixed charges
  $ 55,126     $ 55,534     $  48,681     $ 36,811     $  39,202  
                                         
Ratio of earnings to fixed charges
                1.19       4.14       1.37  
 
For the year ended December 31, 2010, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $28.9 million.
 
For the year ended December 31, 2009, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $6.0 million.