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Deferred Charges and Other Assets, net | 12 Months Ended
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Dec. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Deferred Charges and Other Assets, net | Deferred Charges and Other Assets, net: Deferred charges and other assets, net at December 31, 2017 and 2016 consist of the following:
| 2017 |  | 2016
Leasing | $ | 232,819 |  |  | $ | 239,983 |
Intangible assets: |  |  |
In-place lease values(1) | 108,432 |  |  | 140,437 |
Leasing commissions and legal costs(1) | 25,958 |  |  | 32,384 |
Above-market leases | 164,040 |  |  | 181,851 |
Deferred tax assets | 29,006 |  |  | 38,301 |
Deferred compensation plan assets | 52,221 |  |  | 42,711 |
Distributions in excess of co-venture obligation(2) | 31,150 |  |  | — |
Other assets | 66,990 |  |  | 72,206 |
| 710,616 |  |  | 747,873 |
Less accumulated amortization(3) | (261,426 | ) |  | (269,815 | )
| $ | 449,190 |  |  | $ | 478,058 |
_______________________________
(1) | The amortization of these intangible assets for the next five years and thereafter is as follows:
Year Ending December 31, |
2018 | $ | 13,165 |
2019 | 11,115 |
2020 | 8,418 |
2021 | 6,866 |
2022 | 5,136 |
Thereafter | 15,183 |
| $ | 59,883 |
(2) | See Note 11—Co-Venture Arrangement.
(3) | Accumulated amortization includes $74,507 and $88,785 relating to in-place lease values, leasing commissions and legal costs at December 31, 2017 and 2016, respectively. Amortization expense for in-place lease values, leasing commissions and legal costs was $19,988, $33,048 and $69,460 for the years ended December 31, 2017, 2016 and 2015, respectively.
The allocated values of above-market leases and below-market leases consist of the following:
| 2017 |  | 2016
Above-Market Leases |  |  |
Original allocated value | $ | 164,040 |  |  | $ | 181,851 |
Less accumulated amortization | (60,210 | ) |  | (57,505 | )
| $ | 103,830 |  |  | $ | 124,346 |
Below-Market Leases(1) |  |  |
Original allocated value | $ | 120,573 |  |  | $ | 144,713 |
Less accumulated amortization | (55,489 | ) |  | (58,400 | )
| $ | 65,084 |  |  | $ | 86,313 |
_______________________________
(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 amortization of these values for the next five years and thereafter is as follows:
Year Ending December 31, |  | Above Market |  | Below Market
2018 |  | $ | 11,109 |  |  | $ | 11,657 |
2019 |  | 9,265 |  |  | 10,400 |
2020 |  | 8,088 |  |  | 8,016 |
2021 |  | 6,944 |  |  | 6,286 |
2022 |  | 5,370 |  |  | 5,201 |
Thereafter |  | 63,054 |  |  | 23,524 |
|  | $ | 103,830 |  |  | $ | 65,084 |

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