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Other Assets (Tables) | 9 Months Ended
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Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Prepaid Expenses and Other Assets, Current and Long-term | As of September 30, 2024 and December 31, 2023, other assets, current and long-term, consisted of:
|  | September 30, |  | December 31,
|  | 2024 |  | 2023
|  | in thousands
Prepaid Software as a Service implementation costs | $ | 36,169 |  |  | $ | 21,941 |
Prepaid sales, general and administrative expenses | 16,744 |  |  | 21,300 |
Deferred reinsurance premiums ceded (1) | 21,867 |  |  | 10,474 |
Other investments |  | 10,332 |  |  | 4,363 |
Contract costs | 9,338 |  |  | 8,851 |
Reinsurance recoverable | 7,803 |  |  | 2,783 |
Inventory (2) | 8,947 |  |  | 5,038 |
Deferred financing costs |  | 3,953 |  |  | 5,053 |
Accrued investment income |  | 3,760 |  |  | 104 |
Other | 13,792 |  |  | 7,419 |
Other assets | $ | 132,705 |  |  | $ | 87,326 |
(1) Deferred reinsurance premiums ceded consists of the unearned portion of premiums ceded by Hagerty Re to various reinsurers. Refer to Note 12 — Reinsurance for additional information on the Company's reinsurance programs. (2) Inventory primarily includes vehicles owned by Broad Arrow that have been purchased for resale purposes.

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- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
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