Attached files

file filename
EX-32.4 - EXHIBIT 32.4 - HIGHWOODS PROPERTIES, INC.hiw03312018ex324.htm
EX-32.3 - EXHIBIT 32.3 - HIGHWOODS PROPERTIES, INC.hiw03312018ex323.htm
EX-32.2 - EXHIBIT 32.2 - HIGHWOODS PROPERTIES, INC.hiw03312018ex322.htm
EX-32.1 - EXHIBIT 32.1 - HIGHWOODS PROPERTIES, INC.hiw03312018ex321.htm
EX-31.4 - EXHIBIT 31.4 - HIGHWOODS PROPERTIES, INC.hiw03312018ex314.htm
EX-31.3 - EXHIBIT 31.3 - HIGHWOODS PROPERTIES, INC.hiw03312018ex313.htm
EX-31.2 - EXHIBIT 31.2 - HIGHWOODS PROPERTIES, INC.hiw03312018ex312.htm
EX-31.1 - EXHIBIT 31.1 - HIGHWOODS PROPERTIES, INC.hiw03312018ex311.htm
EX-12.2 - EXHIBIT 12.2 - HIGHWOODS PROPERTIES, INC.hiw03312018ex122.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0331201810q.htm


Exhibit 12.1

HIGHWOODS PROPERTIES, INC.
RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS

 
 
Three Months Ended
March 31, 2018
Earnings:
 
 
Income before equity in earnings of unconsolidated affiliates
 
$
33,724

Fixed charges
 
20,351

Capitalized interest
 
(1,326
)
Distributions of earnings from unconsolidated affiliates
 
881

Total earnings
 
$
53,630

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
17,705

Amortization of debt issuance costs
 
686

Capitalized interest
 
1,326

Interest component of rental expense
 
634

Total fixed charges
 
20,351

Preferred Stock dividends
 
623

Total fixed charges and Preferred Stock dividends
 
$
20,974

 
 
 
Ratio of earnings to fixed charges
 
2.64

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
2.56