Other Assets, Net (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021		December 31, 2020
Assets held in Rabbi Trust	$	37,231	$	36,164
Right-of-use assets for operating leases, net	15,907		16,835
Capitalized software, net (1)	13,811		12,802
Equity method investment (2)	11,997		10,488
Deferred loan costs, net	413		501
Other non-current assets	621		785
Total Other assets, net	$	79,980	$	77,575

(1) Accumulated amortization of capitalized software was $34.4 million and $34.0 million as of March 31, 2021 and December 31, 2020, 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 this WorkLLama investment was $0.5 million and $0.6 million for the three months ended March 31, 2021 and 2020, respectively. Refer to Note L - “Commitments and Contingencies” for more information on contingencies related to WorkLLama.