Accounts Payable and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2015

Other Liabilities Disclosure [Abstract]

Schedule of other assets and other liabilities

The following represents the composition of Accounts Payable and Other Liabilities as of December 31, 2015 and 2014:

	December 31,
	2015			2014
	(In thousands)
Office property payables:
Accrued expenses and accounts payable	$	55,322		$	43,359
Accrued property taxes	22,857			25,652
Prepaid rents	18,787			16,311
Deferred revenues	25			105
Security deposits	7,135			7,964
Below market lease value	117,718			105,504
Accumulated amortization – below market lease value	(52,844		)	(29,251		)
Corporate payables	4,077			11,854
Deferred tax liability	793			470
Accrued payroll	4,845			3,210
Fair value of interest rate swaps	9,026			11,077
Interest payable	5,944			6,158
	$	193,685		$	202,413