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

Prepaid Expenses and Other Assets (Tables)

9 Months Ended

Sep. 30, 2012

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



	September 30, 2012		December 31, 2011
Mortgage and other investing receivables	$	40,761	$	27,998
Prepaid expenses	24,396		20,035
Furniture, fixtures and equipment, net	8,657		10,177
Deferred tax asset	6,666		10,892
Lease incentives	5,595		5,233
Other assets	6,472		13,284
Prepaid expenses and other assets	$	92,547	$	87,619

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



	September 30, 2012		December 31, 2011
Notes receivable from City of Huntsville	$	30,623	$	17,741
Mortgage loans receivable	10,138		10,257
	$	40,761	$	27,998