Other Assets

Other assets consist of the following:



	As of December 31,
	2012		2011
Software systems development costs, net	$	87,206	$	74,100
Deferred financing costs	25,481		33,918
Deferred tax asset, long-term portion	6,281		11,217
Other assets	4,547		14,886
	$	123,515	$	134,121

In the years ended December 31, 2012 and 2011, we capitalized $44,000 and $30,800, respectively, of software systems development costs related primarily to our lottery and wide area gaming businesses. The total amount charged to amortization expense for amortization of capitalized systems development costs was approximately $28,000, $24,000 and $27,000 for the years ended December 31, 2012, 2011 and 2010, respectively. During the year ended December 31, 2012, we recorded accelerated depreciation expense of approximately $5,800 related to a write-down of certain obsolete software development costs in our licensed properties business and gaming business.

Deferred financing costs arise in connection with our long-term financing and are amortized over the life of the financing agreements. We capitalized approximately $6,300, $14,500 and $12,700 during 2012, 2011 and 2010, respectively, in connection with financing transactions. Amortization of deferred financing costs amounted to approximately $7,100, $7,500 and $6,500 for the years ended December 31, 2012, 2011 and 2010, respectively. During 2012, we wrote off approximately $7,600 of unamortized deferred financing fees related to the redemption of our 7.875% senior subordinated notes due 2016 (the "2016 Notes"). During 2011, we wrote off approximately $4,200 of unamortized deferred financing fees related to the August 25, 2011 amendment to our credit agreement.