Deferred Costs

12 Months Ended

Dec. 31, 2013

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs [Text Block]

5. DEFERRED COSTS

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

	December 31, 2013
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing Costs	$	155,885	$	(58,805	)	$	97,080
Financing Costs	40,317		(14,443		)	25,874
Total	$	196,202	$	(73,248	)	$	122,954

	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 years ended December 31, 2013, 2012 and 2011, the Company capitalized internal direct leasing costs of $7.5 million, $7.5 million, and $6.6 million, respectively, in accordance with the accounting standard for the capitalization of leasing costs.