Property and Equipment

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

6. Property and Equipment

Property and equipment consist of the following amounts as of (in thousands):

	Estimated useful lives (years)	June 30, 2017			December 31, 2016
Information technology	2 – 5	$	29,998		$	29,675
Leasehold improvements	2 – 5	4,568			4,568
Furniture and fixtures	2 – 5	1,026			1,024
Total		35,592			35,267
Accumulated depreciation		(31,599		)	(30,561		)
Property and equipment—net		$	3,993		$	4,706

Information technology assets include software and consultant time used in the application, development and implementation of various systems including customer billing and resource management systems. As of June 30, 2017 and December 31, 2016, information technology includes $1.3 million and $1.1 million, respectively, of costs associated with assets not yet placed into service.

Depreciation expense recorded in the condensed consolidated statements of operations was $0.5 million and $0.5 million for the three months ended June 30, 2017 and 2016, respectively, and $1.0 million and $0.9 million for the six months ended June 30, 2017 and 2016, respectively.