XML 32 R18.htm IDEA: XBRL DOCUMENT v3.4.0.3
Real Estate Activities (Tables)
3 Months Ended
Mar. 31, 2016
Real Estate [Abstract]  
Investments in Real Estate
Investments in real estate as of March 31, 2016 and December 31, 2015 were comprised of the following:
 
(in thousands of dollars)
As of March 31,
2016
 
As of December 31,
2015
Buildings, improvements and construction in progress
$
2,855,977

 
$
2,847,986

Land, including land held for development
521,968

 
519,903

Total investments in real estate
3,377,945

 
3,367,889

Accumulated depreciation
(1,046,632
)
 
(1,015,647
)
Net investments in real estate
$
2,331,313

 
$
2,352,242

Real Estate Capitalized Costs [Table Text Block]
The following table summarizes our capitalized salaries, commissions, benefits, real estate taxes and interest for the three months ended March 31, 2016 and 2015:
 
 
Three Months Ended 
 March 31,
(in thousands of dollars)
2016
 
2015
Development/Redevelopment Activities:
 
 
 
Salaries and benefits
$
274

 
$
154

Real estate taxes
19

 

Interest
703

 
35

Leasing Activities:
 
 
 
Salaries, commissions and benefits
1,737

 
1,655