Other Assets Other Assets (Notes)

12 Months Ended

Dec. 31, 2015

Other Assets [Abstract]

Other Assets Disclosure [Text Block]

OTHER ASSETS

At December 31, 2015 and 2014, other assets included the following (in thousands):

	2015		2014
FF&E and leasehold improvements, net of accumulated depreciation of $22,572 and $19,137 in 2015 and 2014, respectively	$	13,523	$	10,590
Lease inducements, net of accumulated amortization of $6,865 and $5,475 in 2015 and 2014, respectively	13,306		12,245
Prepaid expenses and other assets	4,408		3,428
Predevelopment costs and earnest money	1,780		1,789
Loan closing costs, net of accumulated amortization of $3,388 and $2,286 in 2015 and 2014, respectively	5,455		6,878
	$	38,472	$	34,930

Lease inducements represent incentives paid to tenants in conjunction with leasing space, such as moving costs, sublease arrangements of prior space and other costs. These amounts are amortized into rental revenues over the individual underlying lease terms.

Predevelopment costs represent amounts that are capitalized related to predevelopment projects that the Company determines are probable of future development.