Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Assets, Net

v3.8.0.1
Prepaid Expenses and Other Assets, Net
 3 Months Ended
Mar. 31, 2018
Prepaid Expense and Other Assets [Abstract]  
Prepaid Expenses and Other Assets, Net
Prepaid Expenses and Other Assets, Net
 
Prepaid expenses and other assets, net of COPT and its subsidiaries consisted of the following (in thousands):
 
 
March 31,
2018
 
December 31,
2017
Lease incentives, net
$
18,838

 
$
19,011

Prepaid expenses
17,093

 
24,670

Interest rate derivatives
7,960

 
3,073

Furniture, fixtures and equipment, net
5,331

 
5,256

Marketable securities in deferred compensation plan
4,481

 
4,616

Construction contract costs incurred in excess of billings
4,250

 
4,884

Restricted cash
3,645

 
2,570

Non-real estate equity method investments
2,410

 
2,412

Deferred tax asset, net (1)
1,837

 
1,892

Other assets
6,436

 
6,023

Prepaid expenses and other assets, net
$
72,281

 
$
74,407



(1) Includes a valuation allowance of $1.4 million.