OTHER ASSETS AND OTHER LIABILITIES

12 Months Ended

Dec. 31, 2012

OTHER ASSETS AND OTHER LIABILITIES

10. OTHER ASSETS AND OTHER LIABILITIES

The following table sets forth the Company’s other assets, by type, as of December 31, 2012 and 2011:

	December 31,
	2012		2011
Current tax receivables and deferred tax assets (net of valuation allowance) and other taxes	$	137,394	$	129,254
Prepaid compensation (see Note 14)		47,445		17,783
Other advances and prepayments		33,401		68,481
Deferred debt issuance costs		4,902		5,879
Other		45,264		50,701
Total	$	268,406	$	272,098

The following table sets forth the Company’s other liabilities, by type, as of December 31, 2012 and 2011:

	December 31,
	2012		2011
Accrued expenses	$	147,194	$	150,282
Current and deferred income taxes and other taxes		121,854		112,691
Employee benefit-related liabilities		83,629		70,036
Deferred lease incentives		74,880		31,750
Unclaimed funds at LFB		28,716		27,281
Abandoned leased space (principally in the U.K.)		8,475		11,688
Securities sold, not yet purchased		2,755		4,282
Other		32,148		32,121
Total	$	499,651	$	440,131