Deferred Charges and Other Assets, net (Tables)

3 Months Ended

Mar. 31, 2020

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

Schedule of deferred charges and other assets, net

Deferred charges and other assets, net consist of the following:

	March 31, 2020		December 31, 2019
Leasing	$	179,355	$	202,540
Intangible assets:
In-place lease values	66,561		78,171
Leasing commissions and legal costs	18,080		20,518
Above-market leases	56,377		59,916
Deferred tax assets	30,789		30,757
Deferred compensation plan assets	44,458		55,349
Other assets	55,018		60,475
	450,638		507,726
Less accumulated amortization(1)	(199,990)		(229,860)
	$	250,648	$	277,866

(1)   Accumulated amortization includes $56,075 and $66,322 relating to in-place lease values, leasing commissions and legal costs at March 31, 2020 and December 31, 2019, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $3,719 and $3,205 for the three months ended March 31, 2020 and 2019, respectively.

Allocated values of above-market leases and below-market leases

The allocated values of above-market leases and below-market leases consist of the following:

	March 31, 2020		December 31, 2019
Above-Market Leases
Original allocated value	$	56,377	$	59,916
Less accumulated amortization	(34,025)		(35,737)
	$	22,352	$	24,179
Below-Market Leases(1)
Original allocated value	$	80,757	$	90,790
Less accumulated amortization	(45,947)		(53,727)
	$	34,810	$	37,063

(1)   Below-market leases are included in other accrued liabilities.