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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT

7. PROPERTY AND EQUIPMENT

 

     December 31,  
(in thousands)    2015      2014  

Leasehold improvements

    $ 29,501       $ 27,672   

Computer equipment

      18,369         15,295   

Furniture and fixtures

      5,211         5,321   

Computer software purchased

      5,847         3,750   

Computer software developed for internal use

      721         721   

Fixed assets in progress

      2,173         918   
  

 

 

     

 

 

  
     61,822         53,677   

Less: accumulated depreciation and amortization

      (30,503 )       (23,521 ) 
  

 

 

     

 

 

  

Property and equipment, net

    $ 31,319       $ 30,156   
  

 

 

     

 

 

  

Depreciation expense was approximately $10.6 million, $9.3 million, and $8.2 million, for the years ended December 31, 2015, 2014, and 2013, respectively.