Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following as of June 30, 2017 and December 31, 2016 (amounts in thousands):

	June 30, 2017		December 31, 2016
Accounts payable and accrued expenses	$	100,878	$	102,866
Payable to the estate of Leona M. Helmsley (1)	18,367		18,367
Interest rate swap agreements liability	11,947		5,591
Accrued interest payable	4,903		6,230
Due to affiliated companies	522		1,010
Accounts payable and accrued expenses	$	136,617	$	134,064

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