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Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2018
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, 

 

 

2018

 

2017

Rio Grande LNG site option

 

$

508

 

$

1,080

Short-term security deposits

 

 

18

 

 

364

Galveston Bay leases

 

 

 —

 

 

100

Rio Bravo Pipeline options

 

 

54

 

 

111

Prepaid insurance

 

 

233

 

 

208

Prepaid marketing and sponsorships

 

 

242

 

 

55

Other

 

 

255

 

 

181

Total prepaid expenses and other current assets

 

$

1,310

 

$

2,099

 

During the years ended December 31, 2018 and 2017, we recognized $572 thousand and $584 thousand, respectively, of lease option expense related to the Rio Grande LNG site option which expires November 5, 2019.