Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2015

Accounts payable and accrued expenses consist of the following as of March 31, 2015 and December 31, 2014 (amounts in thousands):



	March 31, 2015		December 31, 2014
Accounts payable and accrued expenses	$	77,234	$	68,488
Payable to the estate of Leona M. Helmsley ⁽¹⁾	18,367		18,367
Accrued interest payable	4,152		5,953
Due to affiliated companies	2,044		3,755
Accounts payable and accrued expenses	$	101,797	$	96,563

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(1)	Reflects a payable to the estate of Leona M. Helmsley in the amount of New York City transfer taxes which would have been payable in absence of the estate's exemption from such tax.