ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

9 Months Ended

Sep. 30, 2016

Payables and Accruals [Abstract]

Summary of Accounts Payable and Accrued Expenses

A summary of the Company’s Accounts payable and accrued expenses follows:

	September 30, 2016		December 31, 2015
	(In thousands)
Property taxes payable	$	27,084	16,055
Development costs payable	13,684		6,215
Property capital expenditures payable	3,466		2,818
Interest payable	3,603		3,704
Dividends payable on unvested restricted stock	1,430		2,157
Other payables and accrued expenses	6,778		13,232
Total Accounts payable and accrued expenses	$	56,045	44,181