Other Assets, Net (Tables)

3 Months Ended

Mar. 31, 2020

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

Schedule of Other Assets, Net

Other assets, net consisted of the following (in thousands):

	March 31, 2020		December 31, 2019
Assets held in Rabbi Trust	$	30,843	$	35,413
Right-of-use assets for operating leases, net	17,606		18,344
Capitalized software, net (1)	9,841		8,759
Equity method investment (2)	7,574		8,169
Deferred loan costs, net	766		855
Other non-current assets	1,048		1,298
Total Other assets, net	$	67,678	$	72,838

⁽¹⁾ Accumulated amortization of capitalized software was $34.4 million and $34.2 million as of March 31, 2020 and December 31, 2019, respectively.

⁽²⁾ In June 2019, Kforce entered into a joint venture resulting in a 50% noncontrolling interest in WorkLLama, LLC (“WorkLLama”), which is accounted for as an equity method investment. The loss on equity method investment was $0.6 million during the three months ended March 31, 2020. Refer to Note M - “Commitments and Contingencies” for more information on contingencies related to WorkLLama.