PREPAID EXPENSES AND OTHER ASSETS

3 Months Ended

Mar. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAID EXPENSES AND OTHER ASSETS

PREPAID EXPENSES AND OTHER ASSETS

Prepaid expenses and other assets consist of the following:

	March 31, 2022		December 31, 2021
Funds held in trust account	$	345,057	$	345,024
Equity investments	45,978		39,190
Prepaid expenses	10,881		14,965
Unbilled receivables	14,100		12,315
Other receivables	39,685		40,483
Other assets	14,824		11,525
Prepaid expenses and other assets	$	470,525	$	463,502

Unbilled receivables represent the amount of contractual reimbursable costs and fees for services performed in connection with fee and service based contracts in the Auction and Liquidation segment, mobile handsets in the Principal Investments – Communications and Other segment, and consulting related engagements in the Financial Consulting segment.