Property and Equipment, net

9 Months Ended

Sep. 30, 2013

Property Plant And Equipment [Abstract]

4. Property and Equipment, net

The components of the Company’s property and equipment are as follows:


	September 30, 2013			December 31, 2012
Leasehold improvements	$	43,120		$	44,043
Office furniture, fixtures and equipment		24,273			24,067
Computer equipment and software		38,464			39,052

Property and equipment, gross		105,857			107,162
Accumulated depreciation		(70,136	)		(64,800	)

Property and equipment, net	$	35,721		$	42,362

Depreciation expense for the three months ended September 30, 2013 and 2012 was $2.6 million and $2.5 million, respectively. Depreciation expense for the nine months ended September 30, 2013 and 2012 was $7.7 million and $7.4 million, 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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