Exhibit 12.2

Kimco Realty Corporation and Subsidiaries

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

For the six months ended June 30, 2014

Pretax loss from continuing operations before adjustment for noncontrolling interests or income loss from equity investees	$	(17,015,985	)
Add:
Interest on indebtedness (excluding capitalized interest)		105,233,235
Amortization of debt related expenses		2,866,715
Portion of rents representative of the interest factor		3,988,816
		95,072,781
Distributed income from equity investees		125,693,676
Pretax earnings from continuing operations, as adjusted	$	220,766,457
Combined fixed charges and preferred stock dividends -
Interest on indebtedness (including capitalized interest)	$	105,970,064
Preferred dividend factor		30,578,836
Amortization of debt related expenses		545,795
Portion of rents representative of the interest factor		3,988,816
Combined fixed charges and preferred stock dividends	$	141,083,511
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends		1.6