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Deferred Costs | 6 Months Ended
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Jun. 30, 2011
Deferred Costs [Abstract] |
Deferred Costs | 5. DEFERRED COSTS As of June 30, 2011 and December 31, 2010, the Company’s deferred costs were comprised of the following (in thousands):
|  | June 30, 2011 |
|  |  |  |  |  | Accumulated |  |  | Deferred Costs, |
|  | Total Cost |  |  | Amortization |  |  | net |
Leasing Costs |  | $ | 133,734 |  |  | $ | (48,223 | ) |  | $ | 85,511 |
Financing Costs |  |  | 39,605 |  |  |  | (11,618 | ) |  |  | 27,987 |
Total |  | $ | 173,339 |  |  | $ | (59,841 | ) |  | $ | 113,498 |
|  | December 31, 2010 |
|  |  |  |  |  | Accumulated |  |  | Deferred Costs, |
|  | Total Cost |  |  | Amortization |  |  | net |
Leasing Costs |  | $ | 123,724 |  |  | $ | (43,930 | ) |  | $ | 79,794 |
Financing Costs |  |  | 37,257 |  |  |  | (10,934 | ) |  |  | 26,323 |
Total |  | $ | 160,981 |  |  | $ | (54,864 | ) |  | $ | 106,117 |
During the three and six-month periods ended June 30, 2011, the Company capitalized internal direct leasing costs of $1.7 million and $3.2 million, and $1.3 million and $3.1 million during the three and six-months ended June 30, 2010, respectively, in accordance with the accounting standard for the capitalization of leasing costs.

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