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Deferred Charges and Other Assets, net (Tables)
 3 Months Ended
Mar. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of deferred charges and other assets, net
Deferred charges and other assets, net consist of the following:
 
March 31,
2018
 
December 31,
2017
Leasing
$
213,550

 
$
232,819

Intangible assets:
 
 
 
In-place lease values
99,339

 
108,432

Leasing commissions and legal costs
24,830

 
25,958

Above-market leases
152,270

 
164,040

Deferred tax assets
31,517

 
29,006

Deferred compensation plan assets
51,983

 
52,221

Distributions in excess of co-venture obligation(1)
—

 
31,150

Other assets
56,313

 
66,990

 
629,802

 
710,616

Less accumulated amortization(2)
(230,649
)
 
(261,426
)
 
$
399,153

 
$
449,190

 
 
 
(1)
See Note 11—Financing Arrangement.
(2)
Accumulated amortization includes $68,181 and $74,507 relating to in-place lease values, leasing commissions and legal costs at March 31, 2018 and December 31, 2017, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $3,835 and $6,004 for the three months ended March 31, 2018 and 2017, respectively.
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:
 
March 31,
2018
 
December 31,
2017
Above-Market Leases
 
 
 
Original allocated value
$
152,270

 
$
164,040

Less accumulated amortization
(52,021
)
 
(60,210
)
 
$
100,249

 
$
103,830

Below-Market Leases(1)
 
 
 
Original allocated value
$
118,089

 
$
120,573

Less accumulated amortization
(56,029
)
 
(55,489
)
 
$
62,060

 
$
65,084

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