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

Prepaid Expenses and Other Assets (Tables)

6 Months Ended

Jun. 30, 2013

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



	June 30, 2013		December 31, 2012
Mortgage and other investing receivables	$	38,966	$	33,396
Lease incentives	9,144		5,578
Prepaid expenses	8,215		19,270
Furniture, fixtures and equipment, net	7,093		7,991
Interest rate derivatives	6,963		—
Deferred tax asset	6,455		6,612
Other assets	6,835		4,608
Prepaid expenses and other assets	$	83,671	$	77,455

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



	June 30, 2013		December 31, 2012
Notes receivable from City of Huntsville	$	38,966	$	33,252
Mortgage loan receivable	—		144
	$	38,966	$	33,396