Deferred Charges and Other Assets, net:

12 Months Ended

Dec. 31, 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 at December 31, 2012 and 2011 consist of the following:

	2012			2011
Leasing	$	234,498		$	281,340
Financing		42,868			40,638
Intangible assets:
In-place lease values(1)		175,735			121,320
Leasing commissions and legal costs(1)		46,419			32,242
Above-market leases		118,033			97,297
Deferred tax assets		33,414			26,829
Deferred compensation plan assets		24,670			20,646
Acquisition deposit		30,000			—
Other assets		72,811			53,824
		778,448			674,136
Less accumulated amortization(2)		(213,318	)		(190,373	)
	$	565,130		$	483,763

(1)

The estimated amortization of these intangible assets for the next five years and thereafter is as follows:

Year Ending December 31,
2013	$	37,127
2014		24,992
2015		17,628
2016		13,608
2017		11,026
Thereafter		54,981
	$	159,362

(2)

Accumulated amortization includes $62,792 and $56,946 relating to in-place lease values, leasing commissions and legal costs at December 31, 2012 and 2011, respectively. Amortization expense for intangible assets was $33,517, $15,492 and $14,886 for the years ended December 31, 2012, 2011 and 2010, respectively.

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

	2012			2011
Above-Market Leases
Original allocated value	$	118,033		$	97,297
Less accumulated amortization		(46,361	)		(39,057	)
	$	71,672		$	58,240
Below-Market Leases(1)
Original allocated value	$	164,489		$	156,778
Less accumulated amortization		(77,131	)		(91,400	)
	$	87,358		$	65,378

(1)

Below-market leases are included in other accrued liabilities.

        The allocated values of above and below-market leases will be amortized into minimum rents on a straight-line basis over the individual remaining lease terms. The estimated amortization of these values for the next five years and thereafter is as follows:

Year Ending December 31,	Above Market		Below Market
2013	$	13,021	$	18,309
2014		11,177		14,485
2015		9,484		10,629
2016		7,479		8,254
2017		6,138		6,390
Thereafter		24,373		29,291
	$	71,672	$	87,358