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Other Assets
6 Months Ended
Jun. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Other assets on the consolidated balance sheets as of June 30, 2021 and December 31, 2020 included the following (in thousands):
20212020
Furniture, fixtures and equipment, leasehold improvements, and other deferred costs, net of accumulated depreciation of $18,519 and $32,582 in 2021 and 2020, respectively
$15,233 $17,211 
Predevelopment costs and earnest money15,068 17,841 
Prepaid expenses and other assets12,357 6,095 
Lease inducements, net of accumulated amortization of $3,421 and $3,316 in 2021 and 2020, respectively
6,287 5,771 
Line of credit deferred financing costs, net of accumulated amortization of $5,219 and $4,461 in 2021 and 2020, respectively
2,267 3,021 
$51,212 $49,939 
Predevelopment costs represent amounts that are capitalized related to predevelopment projects that the Company determined are probable of future development.
Lease inducements are 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.