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Property and Equipment
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
Property and Equipment

7.

Property and Equipment

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

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

Furniture and equipment

 

$

15,583

 

 

$

12,878

 

Leasehold improvements

 

 

3,844

 

 

 

6,451

 

Capitalized leases

 

 

 

 

 

238

 

Aircraft

 

 

190

 

 

 

190

 

 

 

 

19,617

 

 

 

19,757

 

Less: Accumulated depreciation

 

 

(15,404

)

 

 

(14,616

)

Property and equipment, net

 

$

4,213

 

 

$

5,141

 

Depreciation expense related to property and equipment was $2.5 million, $1.8 million and $1.8 million for the years ended December 31, 2016, 2015 and 2014, respectively.