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Premises and Equipment, Net

12 Months Ended

Dec. 31, 2011

Premises and Equipment, Net [Abstract]

PREMISES AND EQUIPMENT, NET

7. PREMISES AND EQUIPMENT, NET

Premises and Equipment, net which include amounts recorded under capital leases, consists of the following:

			September 30,				September 30,
		December 31,
(in thousands)		2011				2010

Computer Hardware and Software		$	39,452			$	32,931
Office Equipment and Other			15,068				9,717
Furniture and Fixtures			4,299				2,226
Leasehold Improvements			7,014				4,501

			65,833				49,375
Less: Accumulated Depreciation and Amortization			(40,233	)			(31,882	)


Total		$	25,600			$	17,493

Depreciation and amortization expense, inclusive of capital lease obligations, amounted to $8.4 million, $7.2 million and $5.4 million for 2011, 2010 and 2009, respectively, and is included in Cost of Revenue for operating assets and in Selling, General and Administrative expense for non-operating assets in the accompanying Consolidated Statements of Operations.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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