Annual report pursuant to Section 13 and 15(d)

Deferred Charges

v2.4.0.6
Deferred Charges
12 Months Ended
Dec. 31, 2012
Deferred Costs [Abstract]  
Deferred Charges
Deferred Charges

Deferred lease costs and other intangibles, net as of December 31, 2012 and 2011 consist of the following (in thousands):
 
 
2012
 
2011
Deferred lease costs
 
$
56,327

 
$
51,271

Net above and below market leases
 
(1,529
)
 
(1,450
)
Below market ground leases
 
36,602

 
36,602

Other intangibles
 
120,808

 
128,100

 
 
212,208

 
214,523

Accumulated amortization
 
(111,168
)
 
(93,887
)
Deferred lease costs and other intangibles, net
 
$
101,040

 
$
120,636



Amortization of deferred lease costs and other intangibles included in income from continuing operations for the years ended December 31, 2012, 2011 and 2010 was $24.1 million, $17.0 million and $12.3 million, respectively.
 
Estimated aggregate amortization expense of net above and below market leases and other intangibles for each of the five succeeding years is as follows (in thousands):
Year
 
Amount
2013
 
$
11,124

2014
 
8,937

2015
 
7,371

2016
 
6,390

2017
 
5,146

Total
 
$
38,968



Deferred debt origination costs, net as of December 31, 2012 and 2011 consist of the following (in thousands):
 
 
2012
 
2011
Deferred debt origination costs
 
$
16,110

 
$
13,519

Accumulated amortization
 
(7,027
)
 
(4,658
)
Deferred debt origination costs, net
 
$
9,083

 
$
8,861



Amortization of deferred debt origination costs included in interest expense for the years ended December 31, 2012, 2011 and 2010 was $2.3 million, $2.1 million and $1.3 million, respectively.