Deferred Charges and Other Assets, net:

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



	September 30, 2014			December 31, 2013
Leasing	$	227,151		$	223,038
Financing	50,896			51,695
Intangible assets:
In-place lease values	185,832			205,651
Leasing commissions and legal costs	46,982			50,594
Above-market leases	111,941			118,770
Deferred tax assets	35,115			31,356
Deferred compensation plan assets	33,784			30,932
Other assets	69,598			65,793
	761,299			777,829
Less accumulated amortization(1)	(268,602		)	(244,771		)
	$	492,697		$	533,058

(1)

Accumulated amortization includes $95,529 and $89,141 relating to in-place lease values, leasing commissions and legal costs at September 30, 2014 and December 31, 2013, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $11,850 and $12,173 for the three months ended September 30, 2014 and 2013, respectively, and $35,948 and $40,263 for the nine months ended September 30, 2014 and 2013, respectively.

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



	September 30, 2014			December 31, 2013
Above-Market Leases
Original allocated value	$	111,941		$	118,770
Less accumulated amortization	(53,781		)	(46,912		)
	$	58,160		$	71,858
Below-Market Leases(1)
Original allocated value	$	182,593		$	187,537
Less accumulated amortization	(88,838		)	(79,271		)
	$	93,755		$	108,266


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