Interest Capitalized

9 Months Ended

Sep. 30, 2014

Interest Capitalized

Interest Capitalized

Interest Capitalized

The Company capitalizes interest during the development and redevelopment of real estate assets. Capitalized interest associated with the Company’s development or redevelopment activities totaled $15,989,000 and $17,205,000 for the three months ended September 30, 2014 and 2013, respectively, and $54,294,000 and $47,168,000 for the nine months ended September 30, 2014 and 2013, respectively.