OTHER ASSETS

Other assets on the balance sheets as of March 31, 2013 and December 31, 2012 included the following (in thousands):



	March 31, 2013		December 31, 2012
Lease inducements, net of accumulated amortization of $3,373 and $4,718 in 2013 and 2012, respectively	$	10,194	$	11,089
FF&E and leasehold improvements, net of accumulated depreciation of $19,070 and $18,877 in 2013 and 2012, respectively	4,912		4,814
Prepaid expenses and other assets	4,460		2,044
Predevelopment costs and earnest money	4,238		3,284
Loan closing costs, net of accumulated amortization of $2,285 and $2,624 in 2013 and 2012, respectively	3,185		3,704
Intangible Assets:
In-place leases, net of accumulated amortization of $7,640 and $5,729 in 2013 and 2012, respectively	46,695		21,637
Above market leases, net of accumulated amortization of $9,727 and $9,424 in 2013 and 2012, respectively	7,584		6,892
Goodwill	4,147		4,751
	$	85,415	$	58,215

Goodwill relates entirely to the office reportable segment. As office assets are sold, either by the Company or by joint ventures in which the Company has an ownership interest, goodwill is reduced. The following is a summary of goodwill activity for the three months ended March 31, 2013 and March 31, 2012 (in thousands):



	Three Months Ended March 31,
	2013			2012
Beginning balance	$	4,751		$	5,155
Allocated to property sales	(604		)	—
Ending balance	$	4,147		$	5,155