Exhibit 12.2
LEPERCQ CORPORATE INCOME FUND L.P.
and Consolidated Subsidiaries
For the years ended December 31,
($000's)
RATIO OF EARNINGS TO FIXED CHARGES
Earnings | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||
Income before provision for income taxes, equity in losses of non-consolidated entity and discontinued operations | $ | 10,836 | $ | 12,933 | $ | 14,453 | $ | 12,465 | $ | 3,041 | ||||||||||
Interest expense | 12,488 | 14,276 | 15,482 | 17,802 | 19,615 | |||||||||||||||
Amortization expense - debt cost | 623 | 607 | 631 | 957 | 842 | |||||||||||||||
Total | $ | 23,947 | $ | 27,816 | $ | 30,566 | $ | 31,224 | $ | 23,498 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 12,488 | $ | 14,276 | $ | 15,482 | $ | 17,802 | $ | 19,615 | ||||||||||
Amortization expense - debt cost | 623 | 607 | 631 | 957 | 842 | |||||||||||||||
Capitalized interest expense | 46 | 49 | 748 | — | 18 | |||||||||||||||
Total | $ | 13,157 | $ | 14,932 | $ | 16,861 | $ | 18,759 | $ | 20,475 | ||||||||||
Ratio | 1.82 | 1.86 | 1.81 | 1.66 | 1.15 |