Property, Equipment and Capitalized Software

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Equipment and Capitalized Software

Property, equipment and capitalized software at December 31, 2012 and 2011 are summarized as follows:



December 31,	Useful Life	2012			2011
(amounts in thousands)	(years)
Land	0	$	378		$	378
Buildings	30	4,376			4,419
Equipment	2-5	7,244			6,876
Furniture	5-10	3,217			3,035
Capitalized software	2-5	5,088			5,088
Other software	1-5	2,626			2,674
Leasehold improvements	3-10	3,976			3,031
		26,905			25,501
Accumulated depreciation and amortization		(19,989		)	(17,532		)
		$	6,916		$	7,969

The Company did not record any additions to capitalized software during the year ended December 31, 2012, and recorded $0.4 million during the year ended December 31, 2011. As of both dates the Company had capitalized a total of $5.1 million solely for software projects developed for internal use. Accumulated amortization for these projects totaled $3.2 million and $1.5 million as of December 31, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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