Property, Equipment and Capitalized Software

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Equipment and Capitalized Software

Property, Equipment and Capitalized Software

Property, equipment and capitalized software at December 31, 2014 and 2013 are summarized as follows:

December 31,	Useful Life	2014			2013
(amounts in thousands)	(years)
Land	-	$	378		$	378
Buildings	30	4,342			4,342
Equipment	2 - 5	6,904			7,372
Furniture	5 - 10	3,224			3,088
Capitalized software	2 - 5	5,505			5,784
Other software	1 - 5	2,761			2,869
Leasehold improvements	3 - 10	4,521			4,554
		27,635			28,387
Accumulated depreciation and amortization		(20,842		)	(20,146		)
		$	6,793		$	8,241

The Company recorded additions to capitalized software of $1.7 million in both of the years ended December 31, 2014 and December 31, 2013. As of these dates the Company had capitalized a total of $5.5 million and $5.8 million, respectively, solely for software projects developed for internal use. Accumulated amortization for these projects totaled $4.2 million and $3.4 million as of December 31, 2014 and 2013, respectively.

Amortization expense for these projects totaled $1.2 million, $1.2 million, and $1.7 million in 2014, 2013, and 2012, respectively.

During the 2014 fourth quarter, the Company recorded the expense for the impairment of one of its capitalized software projects (fraud, waste and abuse software solution) after determining that it had no net realizable value. The impairment was a result of nominal sales results for this software solution in recent years, and the uncertainty of sales in the foreseeable future. The remaining net asset value, totaling approximately $1.5 million, was expensed to direct costs in the fourth quarter operating results. The Company recorded the charge in the 2014 fourth quarter as several sales opportunities that had been considered viable throughout 2014 ended late in the year without any sales.