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Deferred Charges and Other Assets, net: (Tables)

12 Months Ended

Dec. 31, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of deferred charges and other assets, net

Deferred charges and other assets, net at December 31, 2015 and 2014 consist of the following:

	2015				2014
Leasing	$	248,709			$	239,955
Financing	45,874				47,171
Intangible assets:
In-place lease values(1)	196,969				298,825
Leasing commissions and legal costs(1)	52,000				72,432
Above-market leases	220,847				250,810
Deferred tax assets	38,847				35,625
Deferred compensation plan assets	37,341				35,194
Other assets	70,070				66,246
	910,657				1,046,258
Less accumulated amortization(2)	(323,374		)		(287,197		)
	$	587,283			$	759,061

_______________________________

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

Year Ending December 31,
2016	$	36,275
2017	23,415
2018	18,002
2019	14,874
2020	11,373
Thereafter	35,577
	$	139,516

(2) Accumulated amortization includes $109,453 and $103,361 relating to in-place lease values, leasing commissions and legal costs at December 31, 2015 and 2014, respectively. Amortization expense for in-place lease values, leasing commissions and legal costs was $69,460, $52,668 and $53,139 for the years ended December 31, 2015, 2014 and 2013, respectively.

Schedule of estimated amortization of intangible assets for the next five years and thereafter

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

Year Ending December 31,
2016	$	36,275
2017	23,415
2018	18,002
2019	14,874
2020	11,373
Thereafter	35,577
	$	139,516

Allocated values of above-market leases and below-market leases

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

	2015				2014
Above-Market Leases
Original allocated value	$	220,847			$	250,810
Less accumulated amortization	(73,520		)		(59,696		)
	$	147,327			$	191,114
Below-Market Leases(1)
Original allocated value	$	227,063			$	375,033
Less accumulated amortization	(101,872		)		(93,511		)
	$	125,191			$	281,522

_______________________________

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

Schedule of estimated amortization of allocated values of above and below-market leases for the next five years and thereafter

The estimated amortization of these values for the next five years and thereafter is as follows:

Year Ending December 31,		Above Market				Below Market
2016		$	18,360			$	20,309
2017		15,456				16,838
2018		13,045				15,054
2019		10,708				13,380
2020		9,176				10,649
Thereafter		80,582				48,961
		$	147,327			$	125,191

X

- Definition

Tabular disclosure of the allocated values of above and below-market leases expected to be amortized into minimum rents on a straight-line basis over the individual remaining lease terms.

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- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275

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Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

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