Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

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

	December 31,
	2017			2016			Estimated Useful Life
Network equipment and software	$	7,787		$	10,588		3 to 5 Years
Computer equipment and software	3,165			3,059			3 to 4 Years
Leasehold improvements	87			87			(*)
Office furniture and equipment	268			269			5 to 10 Years
	11,307			14,003
Accumulated depreciation and amortization	(10,148		)	(11,800		)
Property and equipment, net	$	1,159		$	2,203

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

Related depreciation and amortization expense was $938,000 and $1,090,000 for the years ended December 31, 2017 and 2016, respectively.

For the years ended December 31, 2017 and 2016, the Company recorded asset impairment charges on property and equipment of $238,000 and $76,000, of which $232,000 and $64,000 pertained to capitalized software, respectively. The remaining impairments primarily consisted 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.