Deferred Costs

6 Months Ended

Jun. 30, 2012

Deferred Costs

Deferred Costs

7.  Deferred Costs

Deferred costs at June 30, 2012 and December 31, 2011 consisted of the following (amounts in thousands):

	June 30,2012			December 31,2011
Deferred financing	$	145,689		$	113,620
Deferred leasing	262,447			238,394
	408,136			352,014
Less accumulated amortization	(158,989		)	(141,228		)
Deferred costs, net	$	249,147		$	210,786