Other Assets

Significant balances included in other assets at December 31, 2012 and 2011 are presented below.



(in thousands)	2012		2011
Cash surrender value of bank owned life insurance	$	271,036	262,587
Accrued interest receivable	70,138		81,992
Accounts receivable	21,371		24,130
FHLB and FRB Stock	66,168		78,100
Private equity investments	31,876		22,015
Prepaid FDIC deposit insurance assessments	34,401		76,574
Other prepaid expenses	28,576		22,454
Income tax receivables, net	813		3,704
Derivative asset positions	64,662		84,923
Other properties held for sale	9,871		17,246
Miscellaneous other assets	61,466		70,961
Total other assets	$	660,378	744,686

Synovus’ investment in company-owned life insurance programs was approximately $271.0 million and $262.6 million at December 31, 2012 and December 31, 2011, respectively, which included approximately $30.9 million and $30.7 million of separate account life insurance policies covered by stable value agreements. At December 31, 2012, the fair value of the investments underlying the separate account policies was within the coverage provided by the stable value agreements.