Taxes, insurance and lease expense from continuing operations were comprised of the following (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
Hotel lease expense^(a)	$	10,910	$	10,582	$	31,339	$	29,383
Land lease expense^(b)	3,381		3,130		8,568		7,991
Real estate and other taxes	8,359		7,394		24,267		20,865
Property insurance, general liability insurance and other	2,703		1,909		7,809		5,992
Total taxes, insurance and lease expense	$	25,353	$	23,015	$	71,983	$	64,231

(a)

Hotel lease expense is recorded by the consolidated operating lessees of 12 hotels owned by unconsolidated entities and is partially (generally 49%) offset through noncontrolling interests in other partnerships. Our 50% share of the corresponding lease income is recorded through equity in income from unconsolidated entities. Hotel lease expense includes percentage rent of $5.5 million and $5.2 million for the three months ended September 30, 2012 and 2011, respectively, and $15.0 million and $13.3 million for the nine months ended September 30, 2012 and 2011, respectively.


(b)	Land lease expense includes percentage rent of $2.0 million and $1.7 million for the three months ended September 30, 2012 and 2011, respectively, and $4.3 million and $3.6 million for the nine months ended September 30, 2012 and 2011, respectively.