XML 49 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Deferred Charges and Other Assets, net (Tables)
 6 Months Ended
Jun. 30, 2021
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:
June 30,
2021		December 31,
2020
Leasing$141,627 $162,652 
Intangible assets:  
In-place lease values67,336 74,298 
Leasing commissions and legal costs18,283 21,096 
Above-market leases76,810 80,120 
Deferred tax assets21,422 30,767 
Deferred compensation plan assets63,615 62,874 
Other assets51,272 61,553 
440,365 493,360 
Less accumulated amortization(1)(169,402)(186,401)
$270,963 $306,959 
(1)   Accumulated amortization includes $43,434 and $47,249 relating to in-place lease values, leasing commissions and legal costs at June 30, 2021 and December 31, 2020, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $2,403 and $1,996 for the three months ended June 30, 2021 and 2020, respectively, and $4,606 and $5,715 for the six months ended June 30, 2021 and 2020, 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:
June 30,
2021		December 31,
2020
Above-Market Leases  
Original allocated value$76,810 $80,120 
Less accumulated amortization(33,344)(33,271)
$43,466 $46,849 
Below-Market Leases(1)  
Original allocated value$102,103 $114,790 
Less accumulated amortization(35,342)(43,656)
$66,761 $71,134 
(1)   Below-market leases are included in other accrued liabilities.