PREPAID EXPENSES AND OTHER ASSETS

3 Months Ended

Mar. 31, 2016

PREPAID EXPENSES AND OTHER ASSETS

PREPAID EXPENSES AND OTHER ASSETS

6. PREPAID EXPENSES AND OTHER ASSETS

Prepaid expenses and other assets consist of (in thousands):

	Balance as of
	March 31,		December 31,
	2016		2015
Prepaid sales and marketing expenses	$	2,490	$	3,434
Prepaid insurance		803		1,124
Other prepaid expenses and assets		2,042		4,872
Total	$	5,335	$	9,430

The amounts included in prepaid expenses and other assets consist primarily of prepayments for future services, a receivable from a supplier, prepaid interest and interest income receivable. These costs have been deferred as prepaid expenses and other current assets on the consolidated balance sheets and will be either (i) charged to expense accordingly when the related prepaid services are rendered to the Company, or (ii) converted to cash when the receivable is collected by the Company.