Taxes, Insurance and Lease Expenses

Taxes, insurance and lease expenses from continuing operations were comprised of the following

(in thousands):



	Year Ended December 31,
	2012		2011		2010
Hotel lease expense^(a)	$	41,342	$	38,759	$	36,327
Land lease expense^(b)	11,158		10,582		10,053
Real estate and other taxes	31,481		27,682		26,092
Property insurance, general liability insurance and other	10,313		7,931		9,952
Total taxes, insurance and lease expense	$	94,294	$	84,954	$	82,424

(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 $19.6 million, $17.3 million and $15.0 million for the year ended December 31, 2012, 2011, and 2010, respectively.


(b)	Land lease expense includes percentage rent of $5.5 million, $4.7 million and $4.2 million for the year ended December 31, 2012, 2011, and 2010, respectively.