Notes to the Consolidated Financial Statements
Dollar amounts are in thousands of Canadian dollars (except share and per share amounts)
10. Other Current Assets
As at December 31, 
2013
December 31, 
2012
Prepaid property tax $1,389 $1,282
Prepaid insurance 376 335
other prepaids 720 704
r estricted cash 6,818 9,979
$9,303 $12,300
 Restricted cash consists of security deposits, funds held in trust and property tax reserves.
11. Accounts Payable and Other Liabilities
As at December 31, 
2013
December 31, 
2012
accounts payable $6,024 $7,450
mortgage interest payable 2,162 1,924
accrued payables 5,015 7,606
r ent received in advance 915 808
Dividends payable 2,638 2,609
Taxes payable 1,451 ‑
security deposits 4,195 3,677
Promissory note payable 255 255
$22,655 $24,329
12. Mortgages and Loans Payable 
As at             December 31, 2013   December 31, 2012   
Weighted 
Average Interest
Debt 
Balance
Weighted 
a verage interest
Debt 
Balance
mortgages and loans payable
   Fixed rate 4.05% $694,789 4.44% $621,397
   Variable rate 4.18% 3,853 4.13% 2,802
Vendor financing 7.10% 488 6.85% 882
Total $699,130 $625,081
current 153,589 105,369
Non‑current 545,541 519,712
$699,130 $625,081
 
Mortgages are collateralized by a first charge on the properties of the Company and vendor mortgages are collateralized by either a 
second charge on the property and/or a general corporate guarantee. 
 As of December 31, 2013, unamortized deferred financing costs of $11.9 million (December 31, 2012 ‑ $9.6 million) and mark‑to‑market 
premiums on mortgages assumed on acquisition of $1.7 million (December 31, 2012 – $1.7 million) are netted against mortgages and 
loans payable.
Killam ProPerties inc | 2013 83