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OTHER LONG-TERM ASSETS
3 Months Ended
Mar. 31, 2021
OTHER LONG-TERM ASSETS [Abstract]  
OTHER LONG-TERM ASSETS
NOTE 8 – OTHER LONG-TERM ASSETS

At March 31, 2021 and December 31, 2020, other long-term assets consisted of the following:

 
 
March 31, 2021
   
December 31,
2020
 
Prepayment for property
 
$
39,474
   
$
39,450
 
Security deposit for land use right
   
750
     
756
 
Others
   
251
     
290
 
Total other long-term assets
 
$
40,475
   
$
40,496
 

The prepayment for property is for the housing in Lingang, Shanghai, which consists of (1) the contractual amount to acquire the property and (2) capitalized interest charges on the long-term loan related to acquisition of the property, which amounted to  $317 as of  March 31, 2021. The property is pledged for a long-term loan from China Merchants Bank (note 12).