7. OTHER ASSETS, NET

As of September 30, 2013 and December 31, 2012, other assets, net of accumulated amortization, consisted of the following:

*(In millions)*	September 30, 2013		December 31, 2012

Advances for long-term purchase contracts, net	$	11.6	$	19.4
Advances to and investments in joint ventures		23.6		6.1
Deferred financing costs, net		29.9		16.3
Long-term assets held for sale		4.0		13.8
Other		7.3		8.0

Total other assets, net	$	76.4	$	63.6

The decrease in advances for long-term purchase contracts is the result of amortizing the prepayments over the terms of the related contracts. The increase in advances to and investments in joint ventures is primarily the result of our investment in RS Cogen as described in Note 15 to the unaudited condensed consolidated financial statements. The increase in deferred financing costs, net, was the result of fees incurred in relation to the issuance and assumption of debt in connection with the Transactions as well as the 4.875 Notes and the New ABL Revolver less the write-off of deferred financing fees associated with the termination of the 9 percent notes, in each case, as described in Note 8 to the unaudited condensed consolidated financial statements. The decrease in long-term assets held for sale relates to the sale of our window and door manufacturing facility located in Reno, Nevada for net proceeds of $11.0 million, in the three months ended September 30, 2013, partially offset by the reclassification of a building products manufacturing facility to assets held for sale.