OTHER ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2017

OTHER ASSETS AND LIABILITIES

Summary of the significant components of accounts payable and accrued expenses

	March 31,		December 31,
(In thousands)	2017		2016
Construction payables	$	203,141	$	207,917
Condominium deposit liabilities		121,527		117,015
Deferred income		82,259		85,158
Accounts payable and accrued expenses		30,683		33,050
Tenant and other deposits		24,700		28,559
Accrued interest		6,683		16,897
Accrued payroll and other employee liabilities		13,543		36,937
Accrued real estate taxes		8,386		16,726
Interest rate swaps		(540)		(149)
Straight-line ground rent liability		13,585		13,126
Above-market ground leases		1,174		1,762
Other		11,601		15,012
	$	516,742	$	572,010