Note 9 – Prepaid and Other Assets

Prepaid and other assets are summarized as follows (dollars in thousands):



		September 30, 2012		December 31, 2011
Prepaid and other current assets
Prepaid expenses	$	1,460	$	1,168
Prepaid taxes		1,057		781
Deposits		595		605
Other		1,241		1,227
Total prepaid and other current assets	$	4,353	$	3,781

Other non-current assets
Other non-cinema and non-rental real estate assets	$	1,134	$	1,134
Long-term deposits		223		264
Deferred financing costs, net		3,129		3,725
Note receivable		1,800		--
Tenant inducement asset		751		1,064
Straight-line rent asset		2,778		2,776
Mortgage notes receivable		905		851
Total non-current assets	$	10,720	$	9,814

Short Term Note Receivable

On February 29, 2012, at a discount, we acquired for $1.8 million from the original lender a promissory note which is currently in default. We believe the note is indirectly secured by the operating income of a cinema in which we have an interest.