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Capitalized Software Development Costs
12 Months Ended
Dec. 31, 2015
Capitalized Software Development Costs [Abstract]  
Capitalized Software Development Costs
Capitalized Software Development Costs

In accordance with the relevant authoritative accounting literature the Company has capitalized certain software and product related development costs associated with both the Company’s continuing medical education service offerings, and the Company’s recent development of its property and casualty underwriting insurance data exchange platform. During the year ended December 31, 2015 the Company capitalized $3.8 million of such development costs. As of December 31, 2015 a total of $3.5 million of remaining unamortized development costs are reported on the Company’s consolidated balance sheet. During the year ended December 31, 2015 the Company recognized $357 thousand of amortization expense with regards to these capitalized software development costs, which is included in costs of services provided in the Company’s consolidated income statement. The useful life over which these capitalized software development costs are being amortized is eighteen months for the continuing medical education products, and six years for the property and casualty underwriting insurance data exchange platform.