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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment consist of the following as of December 31, 2016 and 2015:

 

   2016  2015
   (in thousands)
Computer equipment and purchased software (3 years)  $1,434   $1,378 
Internally developed software either placed or not yet placed in service (3 - 5 years)   1,208    1,101 
Furniture and fixtures and leasehold improvements (5 – 7 years)   168    159 
    2,810    2,638 
Less: accumulated depreciation and amortization   (1,934)   (1,704)
Property and equipment, net  $876   $934 

 

Depreciation and amortization expense related to property and equipment for the years ended December 31, 2016 and 2015 was approximately $230,000 and $289,000, respectively.