Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Assets, Net (Tables)

v3.20.2
Prepaid Expenses and Other Assets, Net (Tables)
 6 Months Ended
Jun. 30, 2020
Prepaid Expense and Other Assets [Abstract]  
Schedule of prepaid expenses and other assets
Prepaid expenses and other assets, net consisted of the following (in thousands):
 
 
June 30,
2020
 
December 31,
2019
Lease incentives, net
$
29,092

 
$
28,433

Furniture, fixtures and equipment, net
9,015

 
7,823

Non-real estate equity investments
6,726

 
6,705

Prepaid expenses
6,600

 
18,835

Construction contract costs in excess of billings, net
5,508

 
17,223

Restricted cash
4,270

 
3,397

Deferred financing costs, net (1)
3,069

 
3,633

Deferred tax asset, net (2)
2,249

 
2,328

Other assets
8,998

 
4,639

Total for COPLP and subsidiaries
75,527

 
93,016

Marketable securities in deferred compensation plan
2,532

 
3,060

Total for COPT and subsidiaries
$
78,059

 
$
96,076



(1) Represents deferred costs, net of accumulated amortization, attributable to our Revolving Credit Facility and interest rate derivatives.
(2) Includes a valuation allowance of $533,000 as of June 30, 2020 and $480,000 as of December 31, 2019.