Taxes, Insurance and Lease Expense

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



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Hotel lease expense^(a)	$	13,296	$	12,166	$	23,687	$	21,723
Land lease expense^(b)	3,160		2,772		5,622		5,166
Real estate and other taxes	8,025		7,637		16,133		15,232
Property insurance, general liability insurance and other	2,511		2,278		5,183		4,896
Total taxes, insurance and lease expense	$	26,992	$	24,853	$	50,625	$	47,017

(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 $7.8 million and $6.7 million for the three months ended June 30, 2014 and 2013, respectively, and $12.7 million and $10.8 million for the six months ended June 30, 2014 and 2013, respectively.


(b)	Land lease expense includes percentage rent of $1.7 million and $1.3 million for the three months ended June 30, 2014 and 2013, respectively, and $2.7 million and $2.3 million for the six months ended June 30, 2014 and 2013, respectively.