Prepaid Expenses and Other Assets, Net

6 Months Ended

Jun. 30, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Assets, Net

Prepaid Expenses and Other Assets, Net

Prepaid expenses and other assets, net consisted of the following at June 30, 2020 and December 31, 2019:

	June 30, 2020		December 31, 2019
	(in thousands)
Furniture, fixtures and other long-lived assets, net	$	53,060	$	35,286
Prepaid expenses	15,318		18,724
Note receivable (1)	—		1,651
Total prepaid expenses and other assets, net	$	68,378	$	55,661

________________________

(1)

During the six months ended June 30, 2020, the balance of the note receivable was written-off and the note receivable was placed on non-accrual status. We do not recognize interest income on non-accrual financing receivables. As of December 31, 2019 the note receivable was shown net of a valuation allowance of approximately $3.6 million.