ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

6 Months Ended

Jun. 30, 2012

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Schedule of components of accounts payable and accrued expenses

	June 30,		December 31,
	2012		2011
Below-market tenant leases, net (Note 3)	$	560,994	$	634,802
Accrued interest	191,801		196,536
Accounts payable and accrued expenses	140,689		164,139
Deferred gains/income	89,922		65,174
Accrued real estate taxes	72,898		77,722
Construction payable	55,942		69,291
Accrued payroll and other employee liabilities	55,319		77,231
Tenant and other deposits	23,045		19,336
Insurance reserve liability	15,979		17,796
Conditional asset retirement obligation liability	12,802		16,596
Above-market headquarter office leases, net (Note 3)	12,723		13,571
Capital lease obligations	12,662		12,774
Uncertain tax position liability	6,949		6,847
Other	32,360		73,923
Total accounts payable and accrued expenses	$	1,284,085	$	1,445,738