Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Assets, Net

v3.20.2
Prepaid Expenses and Other Assets, Net
 9 Months Ended
Sep. 30, 2020
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): 
September 30,
2020		 December 31,
2019
Lease incentives, net $ 36,259  $ 28,433 
Prepaid expenses 27,612  18,835 
Construction contract costs in excess of billings, net 13,980  17,223 
Furniture, fixtures and equipment, net 10,193  7,823 
Non-real estate equity investments 6,487  6,705 
Restricted cash 3,217  3,397 
Deferred financing costs, net (1) 2,721  3,633 
Deferred tax asset, net (2) 2,246  2,328 
Other assets 4,905  4,639 
Total for COPLP and subsidiaries 107,620  93,016 
Marketable securities in deferred compensation plan 2,672  3,060 
Total for COPT and subsidiaries $ 110,292  $ 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 $565,000 as of September 30, 2020 and $480,000 as of December 31, 2019.