Other Assets

Included in other assets are costs incurred in connection with obtaining financing, which are deferred and amortized over the life of the related debt. Costs incurred in connection with leasing space to tenants are also included in other assets and are deferred and amortized using the straight-line method over the lives of the related leases.



	December 31, 2013		January 31, 2013
	(in thousands)
Lease procurement costs, net	$	130,628	$	211,856
Prepaid expenses and other deferred costs, net	140,496		240,594
Intangible assets, net	81,438		85,692
Mortgage procurement costs, net	62,754		76,450
Other Assets	$	415,316	$	614,592

During the 11 months ended December 31, 2013 and years ended January 31, 2013 and 2012, the Company recorded $4,460,000, $4,877,000 and $6,998,000, respectively, of amortization expense related to intangible assets.

The estimated aggregate amortization expense related to intangible assets for the next five years is as follows:



Years Ending December 31,
	(in thousands)
2014	$	4,528
2015	3,956
2016	3,355
2017	3,850
2018	3,105