EX-12.2 5 c25564exv12w2.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,  
    2011     2010     2009     2008     2007  
(Loss)/income from continuing operations
  $ (34,038 )   $ (25,658 )   $ (7,160 )   $ 8,045     $ 114,467  
Add from continuing operations:
                                       
Interest on indebtedness
    52,817       49,140       48,310       41,419       30,145  
Portion of rents representative of the interest factor
    1,627       1,564       1,543       1,437       447  
 
                             
Earnings
  $ 20,406     $ 25,046     $ 42,693     $ 50,901     $ 145,059  
 
                             
 
                                       
Fixed charges from continuing operations:
                                       
Interest on indebtedness
  $ 52,817     $ 49,140     $ 48,310     $ 41,419     $ 30,145  
Capitalized interest
    1,752       1,340       444       573       909  
Portion of rents representative of the interest factor
    1,627       1,564       1,543       1,437       447  
 
                             
Fixed charges
  $ 56,196     $ 52,044     $ 50,297     $ 43,429     $ 31,501  
 
                             
 
                                       
Ratio of earnings to fixed charges
                      1.17       4.60  
For the year ended December 31, 2011, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $35.8 million.
For the year ended December 31, 2010, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $27.0 million.
For the year ended December 31, 2009, the ratio of earnings to fixed charges was deficient of achieving a 1:1 ratio by $7.6 million.