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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 12 Months Ended
Dec. 31, 2011
ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
(8)  ACCOUNTS PAYABLE AND ACCRUED EXPENSES

A summary of the Company's Accounts Payable and Accrued Expenses follows:

 
December 31,
 
2011
2010
 
(In thousands)
     
Property taxes payable                                                            
$               9,840
9,776
Development costs payable                                                            
5,928
673
Interest payable                                                            
2,736
2,625
Dividends payable on nonvested restricted stock
1,415
791
Other payables and accrued expenses                                                            
11,286
7,104
 
$             31,205
20,969