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Other Assets
9 Months Ended
Sep. 30, 2013
Other Assets  
Other Assets

13.                     Other Assets

 

Other assets consist of the following:

 

(In thousands of dollars)

 

September 30,
2013

 

December 31,
2012

 

Prepaid expenses

 

$

2,909

 

$

2,761

 

Collateral deposits

 

1,086

 

5,165

 

Other

 

466

 

1,104

 

Total other assets

 

$

4,461

 

$

9,030

 

 

On September 27, 2013, the Company entered into an agreement terminating the lease for its headquarters at 1290 Avenue of the Americas, New York, New York.  In connection with this termination, the landlord retained approximately $3.9 million previously deposited by the Company with the landlord as security under the lease.  Refer to Note 15 “Leases” herein for additional information.