Deferred Charges and Other Assets, net:

9 Months Ended

Sep. 30, 2012

Deferred Charges and Other Assets, net:

Deferred Charges and Other Assets, net:

9. Deferred Charges and Other Assets, net:

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

	September 30, 2012			December 31, 2011
Leasing	$	210,286		$	281,340
Financing		32,784			40,638
Intangible assets:
In-place lease values		102,904			121,320
Leasing commissions and legal costs		28,150			32,242
Other assets		178,495			198,596
		552,619			674,136
Less accumulated amortization(1)		(193,391	)		(190,373	)
	$	359,228		$	483,763

(1)

Accumulated amortization includes $54,648 and $56,946 relating to intangible assets at September 30, 2012 and December 31, 2011, respectively. Amortization expense for intangible assets was $6,323 and $4,171 for the three months ended September 30, 2012 and 2011, respectively, and $22,529 and $11,154 for the nine months ended September 30, 2012 and 2011, respectively.

        The allocated values of above-market leases included in deferred charges and other assets, net, and below-market leases included in other accrued liabilities, consist of the following:

	September 30, 2012			December 31, 2011
Above-Market Leases
Original allocated value	$	98,153		$	97,297
Less accumulated amortization		(44,944	)		(39,057	)
	$	53,209		$	58,240
Below-Market Leases
Original allocated value	$	136,166		$	156,778
Less accumulated amortization		(80,417	)		(91,400	)
	$	55,749		$	65,378