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OTHER ASSETS, NET
9 Months Ended
Sep. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS, NET
OTHER ASSETS, NET

Other assets consisted of the following (in thousands):

 
 
September 30,
2019
 
December 31,
2018
Contract assets - long-term
 
$
6,033

 
$
7,231

Lease assets
 
3,371

 

Deferred tax assets
 
295

 
295

Other assets
 
6,811

 
301

Total other assets, net
 
$
16,510

 
$
7,827



The Company adopted ASC 842 on January 1, 2019 and recognized $4.0 million ROU assets on its Condensed Consolidated Balance Sheets. See Note 1 Significant Accounting Policies and Note 11 Leases of the Notes to the Condensed Consolidated Financial Statements for more detail on ASC 842 adoption.

In March 2019, as part of a then-pending litigation matter with Samsung Electronics Co, the Company recorded a $6.9 million deposit included in Other assets, net along with related accounts payable which was paid in April 2019. See Note 12 Contingencies of Notes to Condensed Consolidated Financial Statements for further disclosure.