Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Assets

v2.4.1.9
Prepaid Expenses and Other Assets
 12 Months Ended
Dec. 31, 2014
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,
 
2014
 
2013
Prepaid expenses
$
20,570

 
$
19,308

Lease incentives
13,344

 
8,435

Construction contract costs incurred in excess of billings
6,656

 
2,462

Furniture, fixtures and equipment, net
6,637

 
6,556

Deferred tax asset, net (1)
4,002

 
4,305

Operating notes receivable
3,797

 
1,692

Other equity method investments
2,368

 
2,258

Interest rate derivatives
274

 
6,594

Other assets
2,601

 
2,576

Prepaid expenses and other assets
$
60,249

 
$
54,186

 

(1) See Note 19 for further disclosure.

Operating notes receivable reported above includes amounts due from tenants with remaining terms exceeding one year totaling $3.6 million as of December 31, 2014 and $1.7 million as of December 31, 2013; we carried allowances for estimated losses for $252,000 of the December 31, 2014 balance and $87,000 of the December 31, 2013 balance.