Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Assets

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Prepaid Expenses and Other Assets
 12 Months Ended
Dec. 31, 2013
Prepaid Expense and Other Assets [Abstract]  
Prepaid Expenses and Other Assets
Prepaid Expenses and Other Assets
 
Prepaid expenses and other assets consisted of the following (in thousands):
 
 
December 31,
 
2013
 
2012
Prepaid expenses
$
19,308

 
$
19,270

Lease incentives
8,435

 
5,578

Interest rate derivatives
6,594

 
—

Furniture, fixtures and equipment, net
6,556

 
7,991

Deferred tax asset, net (1)
4,305

 
6,612

Construction contract costs incurred in excess of billings
2,462

 
—

Other equity method investments
2,258

 
2,425

Other assets
4,268

 
2,183

Prepaid expenses and other assets
$
54,186

 
$
44,059

 

(1) See Note 19 for further disclosure.

Other assets, as reported above, include operating notes receivable due from tenants with terms exceeding one year totaling $1.7 million as of December 31, 2013 and $271,000 as of December 31, 2012; we carried allowances for estimated losses for $87,000 of the December 31, 2013 balance and most of the December 31, 2012 balance.