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, 2015
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees		$	170,057,818
Add:
Interest on indebtedness (excluding capitalized interest)			118,755,000
Amortization of debt related expenses			(5,975,504	)
Portion of rents representative of the interest factor			4,051,056
			286,888,370
Distributed income from equity investees			119,525,869
Pretax earnings from continuing operations, as adjusted		$	406,414,239
Combined fixed charges and preferred stock dividends -
Interest on indebtedness (including capitalized interest)		$	121,179,087
Preferred dividend factor			29,760,063
Amortization of debt related expenses			(8,332,337	)
Portion of rents representative of the interest factor			4,051,056
Combined fixed charges and preferred stock dividends		$	146,657,869
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends			2.8