Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

5.	PROPERTY AND EQUIPMENT:

Components of property and equipment consisted of the following:


	December 31,
	2014			2013
	(In Thousands)
Furniture, fixtures and equipment	$	1,553		$	1,553
Computer equipment and software		1,210			1,357
Leasehold improvements		3,045			3,058

		5,808			5,968
Less accumulated depreciation and amortization		(4,779	)		(4,531	)

Total	$	1,029		$	1,437

Depreciation expense related to property and equipment for the years ended December 31, 2014, 2013 and 2012 totaled approximately $626 thousand, $814 thousand and $837 thousand, respectively. The Company disposed of $378 thousand and $345 thousand of equipment that was no longer in use during 2014 and 2013, respectively. A loss on disposal of property and equipment of $9 thousand was recognized in the year ended December 31, 2013. No gain or loss on disposal was recognized during the years ended December 31, 2014 or 2012, respectively.

- 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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