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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
 9 Months Ended
Sep. 30, 2020
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,
2020		December 31,
2019
 (In thousands)
Property taxes payable                                                                                  $42,824 2,696 
Development costs payable                                                                                  9,864 11,766 
Real estate improvements and capitalized leasing costs payable6,001 4,636 
Interest payable                                                                                  6,270 6,370 
Dividends payable                                                        32,395 30,714 
Book overdraft (1)
5,951 25,771 
Other payables and accrued expenses                                                                                  7,152 10,071 
 Total Accounts payable and accrued expenses
$110,457 92,024 

(1)Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit.