Other Assets and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2013

Our other assets consisted of the following, net of amortization and depreciation, if applicable, as of December 31 (in thousands):


	2013		2012
Rent leveling and above market leases	$	256,018	$	349,634
Leasing commissions		222,267		218,506
Prepaid assets		136,729		104,012
Value added taxes receivable		106,074		110,906
Fixed assets		85,389		90,177
Management contracts		61,082		66,466
Loan fees		49,920		49,344
Other notes receivable		38,860		34,763
Deferred income taxes		19,020		31,733
Other		85,653		67,512

Totals	$	1,061,012	$	1,123,053

Schedule of Other Liabilities

Our other liabilities consisted of the following, net of amortization, if applicable, as of December 31 (in thousands):


	2013		2012
Tenant security deposits	$	191,070	$	174,137
Income tax liabilities		184,888		463,102
Unearned rents		64,156		115,020
Value added taxes payable		57,260		31,399
Deferred income		39,565		50,025
Below market leases		30,031		53,289
Environmental		16,926		30,075
Other		158,295		198,864

Totals	$	742,191	$	1,115,911

Schedule of Amortized Rental Income

We also expect our above and below market leases and rent leveling net assets, which total $226.0 million at December 31, 2013, to be amortized into rental income as follows (in thousands):


	Amortization Expense		Net Charge to Rental Income
2014	$	65,867	$	34,830
2015		52,449		41,036
2016		35,544		30,188
2017		24,198		25,999
2018		14,399		20,330
Thereafter		29,810		73,604

Totals	$	222,267	$	225,987