Quarterly report pursuant to Section 13 or 15(d)

Deferred Charges, Goodwill And Other Assets

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Deferred Charges, Goodwill And Other Assets
 9 Months Ended
Sep. 30, 2014
Deferred Charges, Goodwill And Other Assets [Abstract]  
Deferred Charges, Goodwill And Other Assets

5.    DEFERRED CHARGES, GOODWILL AND OTHER ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

December 31,

(dollars in thousands)

 
2014 

 

 
2013 

Deferred leasing costs

$
226,605 

 

$
258,648 

Deferred financing costs

 
24,689 

 

 
25,366 

 

 
251,294 

 

 
284,014 

Accumulated amortization

 
(115,620)

 

 
(131,669)

Deferred charges, net

 
135,674 

 

 
152,345 

Notes receivable (1)

 
73,828 

 

 
21,986 

In-place lease values, related intangibles and other assets, net

 
7,566 

 

 
13,659 

Goodwill

 
2,945 

 

 
2,945 

Prepaid expenses and other assets, net (2)

 
100,383 

 

 
27,584 

 

 

 

 

 

 

Total deferred charges, goodwill and other assets

$
320,396 

 

$
218,519 

 

(1)Includes as of September 30, 2014: a mortgage receivable for $10.4 million which bears interest at LIBOR plus six percent; a note receivable for $7.8 million which bears interest at eight percent; an interest-free note receivable with a net present value of $3.4 million; and a note receivable for $52.3 million which bore interest at 3.5 percent (which was repaid in full on October 1, 2014). 

(2)Includes a receivable of $61.9 million related to the completion of the Curtis Center mortgage loan financing on September 30, 2014 for which the Company received its loan proceeds on October 1, 2014.  See Note 10: Mortgages, Loans Payable and Other Obligations.