Property and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consisted of the following (in thousands):

	December 31,
	2015			2014			Estimated Useful Life
Network equipment and software	$	10,767		$	11,653		3 to 5 Years
Computer equipment and software	3,190			2,730			3 to 4 Years
Leasehold improvements	87			522			(*)
Office furniture and equipment	309			622			5 to 10 Years
	14,353			15,527
Accumulated depreciation and amortization	(11,367		)	(12,281		)
Property and equipment, net	$	2,986		$	3,246

(*) – Amortized over the shorter period of the estimated useful life (five years) or the lease term.

Related depreciation and amortization expense was $1,366,000 and $1,477,000 for the years ended December 31, 2015 and 2014, respectively.

For the years ended December 31, 2015 and 2014, the Company recorded asset impairment charges of $138,000 and $145,000, respectively, primarily consisting of furniture, network equipment, and leasehold improvements no longer being utilized in the Company’s business. These charges are recognized as “Impairment Charges” on our Consolidated Statements of Operations.