Exhibit 12.2

MACK-CALI REALTY CORPORATION
 CALCULATION OF RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND
 PREFERRED SECURITY DIVIDENDS

 (DOLLAR AMOUNTS IN THOUSANDS)

Mack-Cali Realty Corporation's ratios of earnings to combined fixed charges and preferred security dividends for each of the five years ended December 31, 2013 were as follows:


 
For the Year Ended December 31,
 
2013
2012
2011
2010
2009
EARNINGS:
         
ADD:
         
Income (loss) from continuing operations before
         
noncontrolling interest and equity in
         
earnings from unconsolidated joint ventures
$ ( 87,359)
$  33,477
$  57,477
$  44,155
$   63,433
Fixed charges (see calculation below)
136,721
126,516
125,074
150,108
140,501
Amortization of capitalized interest
2,154
1,981
1,913
2,070
2,028
Distributed income of unconsolidated joint ventures
8,485
3,990
3,301
2,311
2,637
SUBTRACT:
         
Capitalized interest
(12,885)
(4,342)
(1,081)
(1,912)
(1,401)
TOTAL EARNINGS:
$ 47,116
$ 161,622
$ 186,684
$ 196,732
$ 207,198
FIXED CHARGES:
         
Interest expense (includes amortization of deferred financing costs)
$ 123,701
$ 122,039
$ 123,858
$ 148,033
$ 138,855
Capitalized interest
12,885
4,342
1,081
1,912
1,401
Interest portion (33 percent) of ground rents on land leases
135
135
135
163
245
TOTAL FIXED CHARGES:
$ 136,721
$ 126,516
$ 125,074
$ 150,108
$ 140,501
Preferred stock dividends
-
-
1,736
2,000
2,000
TOTAL COMBINED FIXED CHARGES AND PREFERRED
         
SECURITY DIVIDENDS:
$ 136,721
$ 126,516
$ 126,810
$  152,108
$ 142,501
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
         
PREFERRED SECURITY DIVIDENDS:
           (a)
           1.3
           1.5
           1.3
           1.5
 
(a) Deficiency of earnings to cover combined fixed charges and preferred security dividends
 
$ (89,605)