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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5. PROPERTY AND EQUIPMENT

Property and equipment, net, at December 31, 2015 and 2014 consisted of the following (in thousands):

 

     2015     2014  

Tenant improvements

     1,335        1,226   

Furniture and fixtures

     837        819   

Equipment

     28,121        29,208   
  

 

 

   

 

 

 
     30,293        31,253   

Less accumulated depreciation

     (26,861     (28,746
  

 

 

   

 

 

 

Property and equipment, net

   $ 3,432      $ 2,507   
  

 

 

   

 

 

 

For each of the years ended December 31, 2015, 2014 and 2013, depreciation expense was $1.0 million, $0.8 million and $0.7 million, respectively. During 2015, 2014 and 2013, the Company recognized a gain/(loss) of approximately $9,000, ($4,000) and $37,000, respectively, related to disposal of capital equipment.