Other Assets, net

Other assets, net as of April 30, 2016 and October 31, 2015 consisted of the following:



	April 30, 2016		October 31, 2015
Long-term stack residual value ⁽¹⁾	$	327	$	2,509
Deferred finance costs ⁽²⁾	869		354
Other	820		279
Other assets, net	$	2,016	$	3,142

(1)

Relates to estimated residual value for module exchanges performed under the Company's service agreements where the useful life extends beyond the contractual term of the service agreement and the Company obtains title for the module from the customer upon expiration or non-renewal of the service agreement. If the Company does not obtain rights to title from the customer, the full cost of the module is expensed at the time of the module exchange. The decrease from October 31, 2015 represents the residual value being recognized as cost of service agreements due to contract term extensions.


(2)	Represents the long-term portion of direct deferred finance costs relating to securing a $40.0 million loan facility with NRG and will be amortized over the five-year life of the facility and the long-term portion of direct deferred finance costs relating to sale-leaseback transactions entered into with PNC Energy Capital, LLC which will be amortized over the ten-year term.