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Cost of Contracts, net
12 Months Ended
Dec. 31, 2014
Cost of Contracts, net  
Cost of Contracts, net

6. Cost of Contracts, net

        Cost of contracts, net is comprised of the following:

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2014

 

2013

 

Cost of contracts

 

$

28,276

 

$

25,607

 

Accumulated amortization

 

 

(17,795

)

 

(14,845

)

​  

​  

​  

​  

Cost of contracts, net

 

$

10,481

 

$

10,762

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

        The expected future amortization of cost of contracts is as follows:

                                                                                                                                                                                    

 

 

Cost of
Contract

 

2015

 

$

2,478 

 

2016

 

 

2,329 

 

2017

 

 

2,126 

 

2018

 

 

1,750 

 

2019

 

 

1,108 

 

2020 and Thereafter

 

 

690 

 

​  

​  

Total

 

$

10,481 

 

​  

​  

​  

​  

​  

        Amortization expense related to cost of contracts was $3,205, $2,788 and $3,142 for the years ended December 31, 2014, 2013 and 2012, respectively. The weighted average useful life was 9.5 years, 9.6 years and 9.5 years as of December 31, 2014, 2013 and 2012, respectively.