(9) OTHER ASSETS, NET

Other assets, net are as follows (in thousands):


	September 30,		December 31,
	2016		2015
Amounts due under long-term terminaling services agreements:
External customers	$	717	$	12
Affiliates		—		567
		717		579
Deferred financing costs, net of accumulated amortization of $4,666 and $4,052, respectively		1,501		1,721
Customer relationships, net of accumulated amortization of $2,042 and $1,890, respectively		388		540
Deposits and other assets		369		95
	$	2,975	$	2,935

Amounts due under long‑term terminaling services agreements. We have long‑term terminaling services agreements with certain of our customers that provide for minimum payments that increase over the terms of the respective agreements. We recognize as revenue the minimum payments under the long‑term terminaling services agreements on a straight‑line basis over the term of the respective agreements. At September 30, 2016 and December 31, 2015, we have recognized revenue in excess of the minimum payments that was due through those respective dates under the long‑term terminaling services agreements resulting in an asset of approximately $0.7 million and $0.6 million, respectively.

Deferred financing costs. Deferred financing costs are amortized using the effective interest method over the term of the related credit facility (see Note 12 of Notes to consolidated financial statements).

Customer relationships. Other assets, net include certain customer relationships at our River terminals. These customer relationships are being amortized on a straight‑line basis over twelve years.