PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

The Company’s property and equipment balances net of accumulated depreciation are as follows:



	September 30, 2015		December 31, 2014
Capitalized software costs	$	174,931	$	209,007
Furniture and equipment	15,992		15,464
Leasehold improvements	36,286		40,103
Computer and communications equipment	144,107		152,722
	371,316		417,296
Less: accumulated depreciation	264,028		300,105
Property and equipment, net	$	107,288	$	117,191

Depreciation expense was $10,416 and $31,684 for the three and nine months ended September 30, 2015, respectively. Depreciation expense was $11,277 and $33,832 for the three and nine months ended September 30, 2014, respectively. During the first quarter of 2014, the Company vacated, and wrote off assets associated with, its office facilities in Maynard, Massachusetts and Cambridge, Massachusetts and moved into our corporate headquarters in Weston, Massachusetts.