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Prepaid Expenses and Other Assets
3 Months Ended
Mar. 31, 2016
Text Block [Abstract]  
Prepaid Expenses and Other Assets
5. PREPAID EXPENSES AND OTHER ASSETS

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

 

     March 31,
2016
     December 31,
2015
 

Assets held for sale

   $ 2,010       $ 6,154   

Prepaid expenses

     1,183         1,209   

Income tax receivable

     —          5,134   

Other

     2,513         912   
  

 

 

    

 

 

 

Total prepaid expenses and other assets

   $ 5,706       $ 13,409   
  

 

 

    

 

 

 

 

In January 2016, the Company sold a portion of the Olive Branch facility that contained buildings for $4.2 million and, as of March 31, 2016, continues to own approximately 62 acres of undeveloped land which is classified as held for sale in prepaid expenses and other assets.