Deferred Costs

12 Months Ended

Dec. 31, 2014

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs [Text Block]

DEFERRED COSTS

As of December 31, 2014 and 2013, the Company’s deferred costs were comprised of the following (in thousands):

	December 31, 2014
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing Costs	$	164,081	$	(64,065	)	$	100,016
Financing Costs	40,401		(15,193		)	25,208
Total	$	204,482	$	(79,258	)	$	125,224

	December 31, 2013
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing Costs	$	155,885	$	(58,805	)	$	97,080
Financing Costs	40,317		(14,443		)	25,874
Total	$	196,202	$	(73,248	)	$	122,954

During the years ended December 31, 2014, 2013 and 2012, the Company capitalized internal direct leasing costs of $7.1 million, $7.5 million, and $7.5 million, respectively, in accordance with the accounting standard for the capitalization of leasing costs.