Property and Equipment, net

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment, net

Note 4 – Property and Equipment, net

Property and equipment, net consists of the following:

(Dollar amounts in thousands)	Useful life in years		June 30, 2016			December 31, 2015
Buildings		30	$	1,578		$	1,606
Data processing equipment		3 - 5		102,302			94,523
Furniture and equipment		3 -20		7,942			8,170
Leasehold improvements		5 -10		3,789			3,649
				115,611			107,948
Less - accumulated depreciation and amortization				(81,652	)		(75,244	)
Depreciable assets, net				33,959			32,704
Land				1,399			1,424
Property and equipment, net			$	35,358		$	34,128

Depreciation and amortization expense related to property and equipment for the three and six months ended June 30, 2016 amounted to $3.4 million and $6.8 million, respectively, compared to $3.3 million and $7.4 million, respectively, for the same periods in 2015.