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Other Assets
12 Months Ended
Dec. 31, 2014
Other Assets [Abstract]  
Real Estate Mortgages Receivable
Other Assets
Real Estate Mortgages Receivable
As of December 31, 2014 and 2013, we had total real estate mortgages receivable with an aggregate carrying value of $8.1 million and $8.1 million, respectively, included in other assets in our consolidated balance sheets. We provided mortgage financing totaling $7.7 million at 6.0% per annum in connection with our sale of three suburban office and industrial properties (18 buildings) in January 2013 in Dearborn, MI. This real estate mortgage requires monthly interest payments and matures on January 24, 2023. We also provided mortgage financing totaling $0.4 million at 6.0% per annum in connection with our sale of a suburban office property in Salina, NY in April 2012. This real estate mortgage requires monthly interest payments and matures on April 30, 2019. In addition, in September 2013, another buyer of a property we sold prepaid to us in full a $1.0 million real estate mortgage that was scheduled to mature on July 1, 2017.
We monitor the payment history and credit profiles of the borrowers and have determined that no allowance for losses related to these real estate mortgages receivable were necessary at December 31, 2014 and 2013
Deferred Financing Fees, Deferred Leasing Costs and Capitalized Lease Incentives
The following table summarizes our deferred financing fees, deferred leasing costs and capitalized lease incentives as of December 31, 2014 and 2013 and (in thousands):
 
December 31,
 
December 31, 2013
Properties Held for
Sale
 
2014
 
2013
 
Deferred financing fees
$
41,339

 
$
45,985

 
$
272

Accumulated amortization
(24,478
)
 
(21,455
)
 
(132
)
Deferred financing fees, net
$
16,861

 
$
24,530

 
$
140

 
 
 
 
 
 
Deferred leasing costs
$
184,600

 
$
146,996

 
$
13,769

Accumulated amortization
(58,348
)
 
(46,228
)
 
(987
)
Deferred leasing costs, net
$
126,252

 
$
100,768

 
$
12,782

 
 
 
 
 
 
Capitalized lease incentives
$
22,650

 
$
20,651

 
$
590

Accumulated amortization
(7,459
)
 
(5,392
)
 
(40
)
Capitalized lease incentives, net
$
15,191

 
$
15,259

 
$
550


Future amortization of deferred leasing costs and capitalized lease incentives to be recognized by us during the current terms of our leases as of December 31, 2014 are approximately (in thousands):

 
Deferred Leasing Costs
 
Capitalized Lease Incentives
2015
$
22,515

 
$
2,514

2016
18,867

 
2,471

2017
16,745

 
2,386

2018
14,380

 
2,292

2019
12,287

 
2,121

Thereafter
41,458

 
3,407

 
$
126,252

 
$
15,191