Property And Equipment

12 Months Ended

Dec. 31, 2011

8.	PROPERTY AND EQUIPMENT


(in thousands)	December 31, 2011			December 31, 2010
Leasehold improvements	$	12,778		$	7,242
Computer equipment		8,951			8,550
Furniture and fixtures		3,495			2,736
Computer software purchased		3,186			3,079
Computer software developed for internal use		721			721
Fixed assets in progress		451			626

		29,582			22,954
Less: accumulated depreciation and amortization		(15,124	)		(11,944	)

Property and equipment, net	$	14,458		$	11,010

Depreciation and amortization expense was approximately $6.1 million, $4.3 million, and $2.8 million for the years ended December 31, 2011, 2010, and 2009, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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