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, 2012

 

 

Pretax earnings from continuing operations before adjustment for     noncontrolling interests or income loss from equity investees		$	22,371,295
Add:
Interest on indebtedness (excluding capitalized interest)			115,373,560
Amortization of debt related expenses			4,060,093
Portion of rents representative of the    interest factor			3,408,035
			145,212,983
Distributed income from equity investees			115,627,284
Pretax earnings from continuing operations, as adjusted		$	260,840,267
Combined fixed charges and preferred stock dividends -
Interest on indebtedness (including capitalized interest)		$	116,299,648
Preferred dividend factor			36,414,583
Amortization of debt related expenses			1,772,964
Portion of rents representative of the    interest factor			3,408,035
Combined fixed charges and preferred stock dividends		$	157,895,230
Ratio of Earnings to Combined Fixed Charges     and Preferred Stock Dividends			1.7