Property and Equipment, net

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment, net

Note 2 – Property and Equipment, net

Property and equipment, net consists of the following:

(Dollar amounts in thousands)	Useful life in years	June 30, 2015			December 31, 2014
Buildings	30	$	1,616		$	1,602
Data processing equipment	3 - 5		85,698			77,588
Furniture and equipment	3 - 20		8,602			7,540
Leasehold improvements	5 - 10		3,156			2,964
			99,072			89,694
Less—accumulated depreciation and amortization			(68,878	)		(61,580	)
Depreciable assets, net			30,194			28,114
Land			1,433			1,421
Property and equipment, net		$	31,627		$	29,535

Depreciation and amortization expense related to property and equipment for the three and six months ended June 30, 2015 amounted to $3.3 million and $7.4 million, respectively, compared to $3.8 million and $7.7 million, respectively, for the same periods in 2014.