Deferred Costs

9 Months Ended

Sep. 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 September 30, 2013 and December 31, 2012, the Company’s deferred costs were comprised of the following (in thousands):

	September 30, 2013
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing Costs	$	159,113	$	(59,569	)	$	99,544
Financing Costs	40,116		(13,400		)	26,716
Total	$	199,229	$	(72,969	)	$	126,260

	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 nine-month periods ended September 30, 2013, the Company capitalized internal direct leasing costs of $1.4 million and $4.3 million, respectively, and $1.3 million and $4.0 million during the three and nine-month periods ended September 30, 2012, respectively, in accordance with the accounting standard for the capitalization of leasing costs.