Real Estate Activities (Tables)

9 Months Ended

Sep. 30, 2016

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



(in thousands of dollars)	As of September 30, 2016			As of December 31, 2015
Buildings, improvements and construction in progress	$	2,806,529		$	2,847,986
Land, including land held for development	505,525			519,903
Total investments in real estate	3,312,054			3,367,889
Accumulated depreciation	(1,052,550		)	(1,015,647		)
Net investments in real estate	$	2,259,504		$	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 nine months ended September 30, 2016 and 2015:



	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands of dollars)	2016		2015		2016		2015
Development/Redevelopment Activities:
Salaries and benefits	$	339	$	309	$	880	$	683
Real estate taxes	176		323		202		599
Interest	851		758		2,221		1,562
Leasing Activities:
Salaries, commissions and benefits	1,378		1,610		4,394		4,837