EXHIBIT 12.2
Corporate Office Properties, L.P.
Ratio of Earnings to Fixed Charges
(Dollars in thousands)


 
 
Three Months Ended
March 31, 2014
Earnings:
 
 
Income from continuing operations before equity in income of unconsolidated entities and income taxes
 
$
5,664

Fixed charges (from below)
 
22,567

Amortization of capitalized interest
 
577

Distributed income of equity investees
 
53

Subtract:
 
 
Capitalized interest (from below)
 
(1,589
)
Preferred distributions of other consolidated entities
 
(4
)
Total earnings
 
$
27,268

 
 
 
Fixed charges:
 
 
Interest expense on continuing operations
 
$
20,827

Capitalized interest (internal and external)
 
1,589

Interest included in rental expense
 
147

Preferred distributions of other consolidated entities
 
4

Total fixed charges
 
$
22,567

 
 
 
Ratio of earnings to fixed charges
 
1.21