XML 21 R9.htm IDEA: XBRL DOCUMENT v3.3.1.900
Property and Equipment, Net
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

(3)

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following at December 31:

 

 

 

Useful

Lives

(years)

 

 

2015

 

 

2014

 

Land

 

 

 

 

$

8,146

 

 

$

7,736

 

Building and leasehold improvements

 

5-39

 

 

 

77,020

 

 

 

51,309

 

Computer equipment and purchased software

 

3-5

 

 

 

42,245

 

 

 

34,058

 

Furniture and fixtures

 

 

5

 

 

 

16,661

 

 

 

11,812

 

Transportation equipment

 

 

5

 

 

 

252

 

 

 

238

 

 

 

 

 

 

 

 

144,324

 

 

 

105,153

 

Accumulated depreciation and amortization

 

 

 

 

 

 

(43,212

)

 

 

(39,243

)

Property and equipment, net

 

 

 

 

 

$

101,112

 

 

$

65,910

 

 

Depreciation expense was $9.1 million during 2015, $7.9 million during 2014, and $6.4 million during 2013.

 

We own office buildings in Bangor and Yarmouth, Maine; Lubbock and Plano, Texas; Troy, Michigan; and Moraine, Ohio.  We lease some space in these buildings to third-party tenants.  These leases expire between 2016 and 2025 and are expected to provide rental income of approximately $1.7 million during 2016, $1.6 million during 2017, $1.6 million during 2018, $1.5 million during 2019, $1.3 million during 2020, and $6.6 million thereafter. Rental income from third-party tenants was $913,000 in 2015, $945,000 in 2014, and $704,000 in 2013.