Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Assets, Net

v3.7.0.1
Prepaid Expenses and Other Assets, Net
3 Months Ended
Mar. 31, 2017
Prepaid Expense and Other Assets [Abstract]  
Prepaid Expenses and Other Assets, Net
Prepaid Expenses and Other Assets, Net
 
Prepaid expenses and other assets, net consisted of the following (in thousands):
 
 
March 31,
2017
 
December 31,
2016
Lease incentives, net
$
17,516

 
$
18,276

Prepaid expenses
17,332

 
24,432

Furniture, fixtures and equipment, net
4,989

 
5,204

Construction contract costs incurred in excess of billings
4,451

 
10,350

Deferred tax asset, net (1)
2,980

 
3,036

Deferred financing costs, net (2)
2,444

 
3,128

Non-real estate equity method investments
2,353

 
2,355

Other assets
7,658

 
5,983

Prepaid expenses and other assets, net
$
59,723

 
$
72,764



(1) Includes a valuation allowance of $2.1 million.
(2) Represents deferred costs, net of accumulated amortization, attributable to our Revolving Credit Facility and interest rate derivatives.