Thermodynamics of Asymptotically Locally AdS Spacetimes
  We formulate the variational problem for AdS gravity with Dirichlet boundary conditions and demonstrate that the covariant counterterms are necessary to make the variational problem well-posed. The holographic charges associated with asymptotic symmetries are then rederived via Noether's theorem and `covariant phase space' techniques. This allows us to prove the first law of black hole mechanics for general asymptotically locally AdS black hole spacetimes. We illustrate our discussion by computing the conserved charges and verifying the first law for the four dimensional Kerr-Newman-AdS and the five dimensional Kerr-AdS black holes. 
Ioannis Papadimitriou and Kostas Skenderis