14.

OTHER RECEIVABLES, OTHER ASSETS, ACCOUNTS PAYABLE AND OTHER LIABILITIES

Other receivables consisted of the following.

OTHER RECEIVABLES
(Dollars in Thousands)

	September 30, 2020		December 31, 2019
Cash collateral due from counterparties	$	225	$	41,172
Asset management fees receivable		951		1,159
Accrued interest receivable and dividend receivable		1,605		3,549
Revenue share receivable		150		150
Other receivables		651		595
Other receivables	$	3,582	$	46,625

When the Company enters into a reverse repo, it obtains collateral in excess of the principal amount of the reverse repo. The Company accepts collateral in the form of liquid securities or cash. If the value of the securities the Company receives as collateral increases, the Company's reverse repo counterparties

may

request a return of their collateral with a value equal to such increase. In some cases, the Company will return to such reverse repo counterparties cash instead of securities. In that case, the Company includes the cash returned as a component of other receivables (see above).

When the Company enters into repo transactions, the Company provides collateral to the Company's repo counterparties in excess of the principal balance of the repo. The Company's counterparties accept collateral in the form of liquid securities or cash. To the extent the Company provides the collateral in cash, the Company includes it as a component of other receivables (see above).

Asset management fees receivable are of a routine and short-term nature. These amounts are generally accrued monthly and paid on a monthly or quarterly basis. Accrued interest and dividends receivable represent interest and dividends accrued on the Company's investment securities included as a component of investments-trading or other investments, at fair value. Interest payable on securities sold,

not

yet purchased is included as a component of accounts payable and other liabilities in the table entitled Accounts Payable and Other Liabilities below. Revenue share receivable represents the amount due to the Company for the Company's share of revenue arrangements generated from various entities in which the Company receives a share of the entity's revenue. Other receivables represent other miscellaneous receivables that are of a short-term nature.

Other assets consisted of the following.

OTHER ASSETS
(Dollars in Thousands)

	September 30, 2020		December 31, 2019
Deferred costs	$	124	$	301
Prepaid expenses		1,079		796
Prepaid income taxes		69		-
Deposits		399		656
Miscellaneous other assets		275		275
RTLs		-		5,323
Furniture, equipment, and leasehold improvements, net		813		916
Intangible assets		166		166
Other assets	$	2,925	$	8,433

Deferred costs and prepaid expenses represent amounts paid for services that are being amortized over their expected period of use and benefit. They are all routine and short-term in nature. Deposits are amounts held by landlords or other parties which will be returned or offset upon satisfaction of a lease or other contractual arrangement. During

2019,

RTLs were accounted for at lower of cost or market and included as a component of other assets. Effective

January 1, 2020,

in connection with the adoption of ASC

326,

the Company began accounting for RTLs at fair value and including them as a component of investments-trading. In conjunction with the sale of ViaNova, the remaining RTL was transferred to other investments at fair value. See notes

15,

and

to the Company's consolidated financial statements included in its Annual Report on Form

-K for the year ended

December 31, 2019

for further discussion of the firm's furniture, equipment, and leasehold improvements. Intangible assets represent the carrying value of the JVB broker-dealer license.

Accounts payable and other liabilities consisted of the following.

ACCOUNTS PAYABLE AND OTHER LIABILITIES
(Dollars in Thousands)

	September 30, 2020		December 31, 2019
Accounts payable	$	508	$	362
Redeemable financial instruments accrued interest		271		403
Accrued interest payable		695		711
Accrued interest on securities sold, not yet purchased		496		914
Payroll taxes payable		1,035		729
Counterparty cash collateral		125,294		9,524
Accrued expense and other liabilities		2,151		7,652
Accounts payable and other liabilities	$	130,450	$	20,295

The redeemable financial instrument accrued interest represents accrued interest on the JKD Capital Partners I LTD and the DGC Trust/CBF redeemable financial instruments. See note

16.

When the Company enters into a reverse repo, the Company obtains collateral in excess of the principal of the reverse repo. The Company accepts collateral in the form of liquid securities or cash. To the extent the Company receives cash collateral, the Company includes it as a component of other liabilities (counterparty cash collateral) in the table above.

When the Company enters into repo transactions, the Company provides collateral to the Company's repo counterparty in excess of the principal balance of the repo. If the value of the securities the Company provides as collateral increases, the Company

may

request a return of its collateral with a value equal to such increase. In some cases, the repo counterparty will return cash instead of securities. In that case, the Company includes the cash returned as a component of other liabilities (counterparty cash collateral) in the table above. See note

and

23.