Taxes, Insurance and Lease Expense

Taxes, insurance and lease expense from continuing operations were comprised of the following (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
Hotel lease expense^(a)	$	10,582	$	10,053	$	29,383	$	27,826
Land lease expense^(b)	3,171		3,044		8,131		7,749
Real estate and other taxes	8,550		7,340		23,366		23,966
Property insurance, general liability insurance and other	2,322		2,762		7,205		8,722
Total taxes, insurance and lease expense	$	24,625	$	23,199	$	68,085	$	68,263

(a)

Hotel lease expense is recorded by the consolidated operating lessees of 12 hotels owned by unconsolidated entities, and is partially (generally 49%) offset through noncontrolling interests in other partnerships. Our 50% share of the corresponding lease income is recorded through equity in income from unconsolidated entities. Hotel lease expense includes percentage rent of $5.2 million and $4.7 million for the three months ended September 30, 2011 and 2010, respectively, and $13.3 million and $11.8 million for the nine months ended September 30, 2011 and 2010, respectively.


(b)	Land lease expense includes percentage rent of $1.7 million and $1.6 million for the three months ended September 30, 2011 and 2010, respectively, and $3.5 million and $3.2 million for the nine months ended September 30, 2011 and 2010, respectively.