OTHER ASSETS

At December 31, 2016 and 2015, other assets included the following (in thousands):



	2016		2015
Furniture, fixtures and equipment, leasehold improvements, and other deferred costs, net of accumulated depreciation of $23,135 and $22,572 in 2016 and 2015, respectively	$	15,773	$	13,523
Lease inducements, net of accumulated amortization of $1,278 and $6,865 in 2016 and 2015, respectively	2,517		13,306
Prepaid expenses and other assets	8,432		4,408
Predevelopment costs and earnest money	179		1,780
Line of credit deferred financing costs, net of accumulated amortization of $2,264 and $1,380 in 2016 and 2015, respectively	2,182		2,972
	$	29,083	$	35,989

Lease inducements represent incentives paid to tenants in conjunction with leasing space, such as moving costs, sublease arrangements of prior space and other costs. These amounts are amortized into rental revenues over the individual underlying lease terms.

Predevelopment costs represent amounts that are capitalized related to predevelopment projects that the Company determines are probable of future development.