Property and Equipment

12 Months Ended

Dec. 31, 2014

Property Plant And Equipment [Abstract]

7.	Property and Equipment

The components of property and equipment are as follows (in thousands).

	December 31,
	2014			2013
Furniture and equipment	$	10,660		$	9,736
Leasehold improvements		5,000			4,999
Capitalized leases		238			238
Aircraft		190			190
		16,088			15,163
Less: Accumulated depreciation		(12,915	)		(11,651	)
Property and equipment, net	$	3,173		$	3,512

Depreciation and amortization expense related to property and equipment was $1.8 million, $2.1 million and $2.2 million for the years ended December 31, 2014, 2013 and 2012, respectively. Included within the furniture and equipment and the leasehold improvements categories at December 31, 2014 above are capitalized assets totaling $0.2 million not yet in service. These assets are related to the Company’s strategic investments in its retail stores and the website.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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