Interest Capitalized

12 Months Ended

Dec. 31, 2012

Interest Capitalized

Interest Capitalized

2. 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 $49,556,000 for 2012, $33,863,000 for 2011 and $33,393,000 for 2010.