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Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2017
Prepaid Expenses and Other Current Assets  
Prepaid Expenses and Other Current Assets

Note 4 — Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

2017

 

2016

Rio Grande LNG site option

 

$

1,080

 

$

495

Short-term security deposits

 

 

364

 

 

349

Galveston Bay Leases

 

 

100

 

 

 —

Rio Bravo Pipeline options

 

 

111

 

 

86

Prepaid insurance

 

 

208

 

 

21

Other

 

 

236

 

 

145

Total prepaid expenses and other current assets

 

$

2,099

 

$

1,096

 

During each of the years ended December 31, 2017, 2016 and 2015, we recognized $584 thousand of lease option expense related to the Rio Grande LNG site option, which expires November 5, 2019.