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.