COPT Defense Properties Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Assets (Tables)

3 Months Ended

Mar. 31, 2013

Prepaid expenses and other assets consisted of the following (in thousands):



	March 31, 2013		December 31, 2012
Mortgage and other investing receivables	$	38,441	$	33,396
Prepaid expenses	14,023		19,270
Furniture, fixtures and equipment, net	7,616		7,991
Deferred tax asset	6,493		6,612
Lease incentives	5,366		5,578
Other assets	8,859		4,608
Prepaid expenses and other assets	$	80,798	$	77,455

Mortgage and other investing receivables consisted of the following (in thousands):



	March 31, 2013		December 31, 2012
Notes receivable from City of Huntsville	$	38,441	$	33,252
Mortgage loan receivable	—		144
	$	38,441	$	33,396