ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

3 Months Ended

Mar. 31, 2016

Payables and Accruals [Abstract]

Summary of 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