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Other Assets, Net
 6 Months Ended
Jun. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets, Net Other Assets, Net
Other assets, net consisted of the following (in thousands):
June 30, 2020December 31, 2019
Assets held in Rabbi Trust$31,276  $35,413  
Right-of-use assets for operating leases, net (1)17,162  18,344  
Capitalized software, net (2)11,100  8,759  
Equity method investment (3)9,535  8,169  
Deferred loan costs, net678  855  
Other non-current assets970  1,298  
Total Other assets, net$70,721  $72,838  
(1) During the three months ended June 30, 2020, we recognized $0.9 million of expense related to impairment of certain ROU assets, which was recorded in SG&A in the accompanying Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income, due to the Firm’s decisions not to reoccupy certain of our leased offices.
(2) Accumulated amortization of capitalized software was $34.7 million and $34.2 million as of June 30, 2020 and December 31, 2019, respectively.
(3) 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 $0.5 million and $1.1 million for the three and six months ended June 30, 2020, respectively. Refer to Note M - “Commitments and Contingencies” for more information on contingencies related to WorkLLama.