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PREMISES AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET
PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following as of December 31:
(in thousands)
 
2016
 
2015
 
 
 
 
 
Computer hardware and software
 
$
164,877

 
$
177,010

Office equipment and other
 
20,188

 
21,720

Furniture and fixtures
 
13,997

 
14,443

Leasehold improvements
 
33,808

 
35,503

 
 
232,870

 
248,676

Less: accumulated depreciation and amortization
 
(129,397
)
 
(129,555
)
 
 
 
 
 
Total
 
$
103,473

 
$
119,121


Depreciation and amortization expense amounted to $36.8 million, $36.5 million and $29.0 million for the years ended December 31, 2016, 2015 and 2014, respectively, and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the consolidated statements of operations and comprehensive income.
In the fourth quarter of 2015, we recognized a $4.1 million premises and equipment impairment loss in our Technology Services segment primarily driven by the Company’s projected Technology Services revenue from Ocwen and investment in technologies provided to Ocwen. There were no impairments of premises and equipment for the years ended December 31, 2016 and 2014.