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COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2014

COMMITMENTS AND CONTINGENCIES

Schedule of future minimum rental payments under non-cancelable ground leases

		Ground Lease
		Amount
		(in thousands)
2015		$	1,443
2016		1,649
2017		1,649
2018		1,562
2019		1,557
2020 and thereafter		87,393
		$	95,253

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year.

+ References

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