Deferred Charges and Other Assets, net:

Deferred charges and other assets, net at December 31, 2013 and 2012 consist of the following:



	2013			2012
Leasing	$	223,038		$	234,498
Financing	51,695			42,868
Intangible assets:
In-place lease values(1)	205,651			175,735
Leasing commissions and legal costs(1)	50,594			46,419
Above-market leases	118,770			118,033
Deferred tax assets	31,356			33,414
Deferred compensation plan assets	30,932			24,670
Acquisition deposit	—			30,000
Other assets	65,793			72,811
	777,829			778,448
Less accumulated amortization(2)	(244,771		)	(213,318		)
	$	533,058		$	565,130

_______________________________


(1)	The estimated amortization of these intangible assets for the next five years and thereafter is as follows:



Year Ending December 31,
2014	$	43,059
2015	29,293
2016	21,353
2017	15,623
2018	12,540
Thereafter	45,236
	$	167,104


(2)	Accumulated amortization includes $89,141 and $62,792 relating to in-place lease values, leasing commissions and legal costs at December 31, 2013 and 2012, respectively. Amortization expense for in-place lease values, leasing commissions and legal costs was $53,139, $32,456 and $13,222 for the years ended December 31, 2013, 2012 and 2011, respectively.

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



	2013			2012
Above-Market Leases
Original allocated value	$	118,770		$	118,033
Less accumulated amortization	(46,912		)	(46,361		)
	$	71,858		$	71,672
Below-Market Leases(1)
Original allocated value	$	187,537		$	164,489
Less accumulated amortization	(79,271		)	(77,131		)
	$	108,266		$	87,358

_______________________________


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

The allocated values of above and below-market leases will be amortized into minimum rents on a straight-line basis over the individual remaining lease terms. The estimated amortization of these values for the next five years and thereafter is as follows:



Year Ending December 31,	Above Market		Below Market
2014	$	14,822	$	20,254
2015	12,824		14,965
2016	10,682		11,985
2017	8,641		9,513
2018	6,755		7,878
Thereafter	18,134		43,671
	$	71,858	$	108,266