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Deferred Costs
6 Months Ended
Jun. 30, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]
DEFERRED COSTS
As of June 30, 2013 and December 31, 2012, the Company’s deferred costs were comprised of the following (in thousands):
 
June 30, 2013
 
Total Cost
 
Accumulated
Amortization
 
Deferred Costs,
net
Leasing Costs
$
150,128

 
$
(58,085
)
 
$
92,043

Financing Costs
40,117

 
(12,243
)
 
27,874

Total
$
190,245

 
$
(70,328
)
 
$
119,917

 
December 31, 2012
 
Total Cost
 
Accumulated
Amortization
 
Deferred Costs,
net
Leasing Costs
$
150,331

 
$
(58,343
)
 
$
91,988

Financing Costs
40,246

 
(9,991
)
 
30,255

Total
$
190,577

 
$
(68,334
)
 
$
122,243


During the three and six-month periods ended June 30, 2013, the Company capitalized internal direct leasing costs of $1.6 million and $3.2 million, respectively, and $1.4 million and $2.7 million during the three and six-month periods ended June 30, 2012, respectively, in accordance with the accounting standard for the capitalization of leasing costs.