EX-12.2 3 c22344exv12w2.htm EXHIBIT 12.2 Exhibit 12.2
EXHIBIT 12.2
United Dominion Realty, L.P.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
                                 
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2011     2010     2011     2010  
 
Loss from continuing operations
  $ (6,617 )   $ (6,721 )   $ (17,534 )   $ (14,045 )
 
                               
Add (from continuing operations):
                               
Interest on indebtedness
    13,948       12,466       38,927       36,971  
Portion of rents representative of the interest factor
    403       389       1,198       1,175  
 
                       
Earnings
  $ 7,734     $ 6,134     $ 22,591     $ 24,101  
 
                       
 
                               
Fixed charges from continuing operations:
                               
Interest on indebtedness
  $ 13,948     $ 12,466     $ 38,927     $ 36,971  
Capitalized interest
    445       373       1,356       963  
Portion of rents representative of the interest factor
    403       389       1,198       1,175  
 
                       
Fixed charges
  $ 14,796     $ 13,228     $ 41,481     $ 39,109  
 
                       
 
                               
Ratio of earnings to fixed charges
                       
For the three months ended September 30, 2011 and 2010, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $7.1 million.
For the nine months ended September 30, 2011 and 2010, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $18.9 million and $15.0 million, respectively.