ACCOUNTS PAYABLE AND ACCRUED EXPENSES

9 Months Ended

Sep. 30, 2015

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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

	September 30, 2015		December 31, 2014
	(In thousands)
Property taxes payable	$	24,425	15,216
Development costs payable	8,079		7,920
Interest payable	2,337		3,500
Dividends payable on unvested restricted stock	2,002		2,096
Other payables and accrued expenses	11,029		10,707
Total Accounts Payable and Accrued Expenses	$	47,872	39,439