ACCOUNTS PAYABLE AND ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2012

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 6 ACCOUNTS PAYABLE AND ACCRUED EXPENSES

        The following table summarizes the significant components of accounts payable and accrued expenses.

	December 31, 2012		December 31, 2011
	(In thousands)
Below-market tenant leases, net (Note 3)	$	35,068	$	40,120
Accounts payable and accrued expenses		16,175		28,454
Accrued interest		3,546		4,065
Accrued real estate taxes		9,894		6,553
Deferred income		3,201		1,211
Accrued payroll and other employee liabilities		1,230		76
Construction payable		9,979		6,719
Tenant and other deposits		1,629		1,424
Conditional asset retirement obligation liability		4,503		4,252
Other		3,461		4,638
Total accounts payable and accrued expenses	$	88,686	$	97,512