XML 26 R17.htm IDEA: XBRL DOCUMENT v3.22.2
Deferred Charges and Other Assets, net
6 Months Ended
Jun. 30, 2022
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 consist of the following:
June 30,
2022
December 31,
2021
Leasing$112,492 $134,887 
Intangible assets:  
In-place lease values59,470 62,826 
Leasing commissions and legal costs16,052 16,710 
Above-market leases70,101 72,289 
Deferred tax assets22,690 23,406 
Deferred compensation plan assets55,245 68,807 
Other assets56,900 46,319 
392,950 425,244 
Less accumulated amortization(1)(154,103)(170,336)
$238,847 $254,908 
(1)   Accumulated amortization includes $43,294 and $43,978 relating to in-place lease values, leasing commissions and legal costs at June 30, 2022 and December 31, 2021, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $1,664 and $2,403 for the three months ended June 30, 2022 and 2021, respectively, and $3,331 and $4,606 for the six months ended June 30, 2022 and 2021, respectively.
The allocated values of above-market leases and below-market leases consist of the following:
June 30,
2022
December 31,
2021
Above-Market Leases  
Original allocated value$70,101 $72,289 
Less accumulated amortization(33,434)(32,484)
$36,667 $39,805 
Below-Market Leases(1)  
Original allocated value$96,054 $99,332 
Less accumulated amortization(38,191)(37,122)
$57,863 $62,210 
(1)   Below-market leases are included in other accrued liabilities.