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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
3 Months Ended
Mar. 31, 2016
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:
 
March 31,
2016
 
December 31,
2015
 
(In thousands)
Property taxes payable                                                                                  
$
9,309

 
16,055

Development costs payable                                                                                  
5,491

 
6,215

Property capital expenditures payable
2,940

 
2,818

Interest payable                                                                                  
3,630

 
3,704

Dividends payable on unvested restricted stock                                                            
1,353

 
2,157

Other payables and accrued expenses                                                                                  
3,930

 
13,232

 Total Accounts payable and accrued expenses
$
26,653

 
44,181