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Other Assets
12 Months Ended
Dec. 31, 2011
Other Assets [Abstract]  
Other Assets

5.    Other Assets

Other assets consist of the following (in thousands):

 

 

                 
    December 31,  
    2011     2010  

Intangible assets:

               

In-place leases (including lease origination costs and fair market value of leases), net

  $ 24,798     $ 14,228  

Tenant relations, net

    22,772       9,035  
   

 

 

   

 

 

 

Total intangible assets

    47,570       23,263  

Other assets:

               

Prepaid expenses

    10,375       11,566  

Deposits

    6,788       17,306  

Other assets

    2,893       3,473  
   

 

 

   

 

 

 

Total other assets

  $ 67,626     $ 55,608  
   

 

 

   

 

 

 

The Company recorded amortization expense of approximately $8.2 million, $6.6 million and $7.1 million for the years ended December 31, 2011, 2010 and 2009, respectively. The estimated future amortization expense associated with the Company’s intangible assets is $11.0 million, $10.1 million, $7.4 million, $3.9 million and $3.3 million for the years ending December 31, 2012, 2013, 2014, 2015 and 2016, respectively.