Real Estate Activities (Tables)

6 Months Ended

Jun. 30, 2016

Investments in real estate as of June 30, 2016 and December 31, 2015 were comprised of the following:



(in thousands of dollars)	As of June 30, 2016			As of December 31, 2015
Buildings, improvements and construction in progress	$	2,836,412		$	2,847,986
Land, including land held for development	515,143			519,903
Total investments in real estate	3,351,555			3,367,889
Accumulated depreciation	(1,057,857		)	(1,015,647		)
Net investments in real estate	$	2,293,698		$	2,352,242

Real Estate Capitalized Costs [Table Text Block]

The following table summarizes our capitalized salaries, commissions, benefits, real estate taxes and interest for the three and six months ended June 30, 2016 and 2015:



	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands of dollars)	2016		2015		2016		2015
Development/Redevelopment Activities:
Salaries and benefits	$	266	$	219	$	541	$	373
Real estate taxes	6		276		25		276
Interest	668		770		1,370		804
Leasing Activities:
Salaries, commissions and benefits	1,279		1,573		3,016		3,228