Deferred Charges and Other Assets, net:

Deferred charges and other assets, net consist of the following:



	September 30, 2018			December 31, 2017
Leasing	$	223,811		$	232,819
Intangible assets:
In-place lease values	95,807			108,432
Leasing commissions and legal costs	24,140			25,958
Above-market leases	149,283			164,040
Deferred tax assets	30,366			29,006
Deferred compensation plan assets	50,939			52,221
Distributions in excess of co-venture obligation(1)	—			31,150
Other assets	60,465			66,990
	634,811			710,616
Less accumulated amortization(2)	(247,362		)	(261,426		)
	$	387,449		$	449,190


(1)	See Note 11—Financing Arrangement.

(2)

Accumulated amortization includes $70,627 and $74,507 relating to in-place lease values, leasing commissions and legal costs at September 30, 2018 and December 31, 2017, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $3,114 and $4,206 for the three months ended September 30, 2018 and 2017, respectively, and $10,504 and $15,755 for the nine months ended September 30, 2018 and 2017, respectively.

The allocated values of above-market leases and below-market leases consist of the following:



	September 30, 2018			December 31, 2017
Above-Market Leases
Original allocated value	$	149,283		$	164,040
Less accumulated amortization	(54,688		)	(60,210		)
	$	94,595		$	103,830
Below-Market Leases(1)
Original allocated value	$	108,568		$	120,573
Less accumulated amortization	(53,955		)	(55,489		)
	$	54,613		$	65,084


(1)	Below-market leases are included in other accrued liabilities.