XML 130 R15.htm IDEA: XBRL DOCUMENT

Deferred Charges and Other Assets, net:

6 Months Ended

Jun. 30, 2013

Deferred Charges and Other Assets, net:

Deferred Charges and Other Assets, net:

8. Deferred Charges and Other Assets, net:

Deferred charges and other assets, net, consist of the following:

		June 30, 2013			December 31, 2012

Leasing		$	231,434		$	234,498
Financing			46,977			42,868
Intangible assets:
In-place lease values			196,539			175,735
Leasing commissions and legal costs			49,613			46,419
Above-market leases			127,087			118,033
Deferred tax assets			31,399			33,414
Deferred compensation plan assets			27,311			24,670
Acquisition deposit			—			30,000
Other assets			61,316			72,811

			771,676			778,448
Less accumulated amortization(1)			(222,447	)		(213,318	)

		$	549,229		$	565,130

(1): Accumulated amortization includes $72,957 and $62,792 relating to in-place lease values, leasing commissions and legal costs at June 30, 2013 and December 31, 2012, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $14,489 and $6,553 for the three months ended June 30, 2013 and 2012, respectively, and $28,383 and $16,205 for the six months ended June 30, 2013 and 2012, respectively.

The allocated values of above-market leases and below-market leases consist of the following:

		June 30, 2013			December 31, 2012

Above-Market Leases
Original allocated value		$	127,087		$	118,033
Less accumulated amortization			(44,055	)		(46,361	)

		$	83,032		$	71,672

Below-Market Leases(1)
Original allocated value		$	189,511		$	164,489
Less accumulated amortization			(73,488	)		(77,131	)

		$	116,023		$	87,358

(1): Below-market leases are included in other accrued liabilities.