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Premises and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Premises and Equipment, Net
Premises and equipment, net, consists of the following (dollars in thousands):
 
 
December 31,
 
Useful Life
 
 
2014
 
2013
 
(in years)
Computer software
 
$
207,175

 
$
189,964

 
7
Computer hardware
 
33,636

 
29,011

 
3
Furniture and fixtures
 
10,834

 
11,175

 
3
Office equipment and other
 
7,299

 
6,414

 
3
Total premises and equipment
 
258,944

 
236,564

 
 
Less: accumulated depreciation and amortization
 
(134,018
)
 
(80,717
)
 
 
Premises and equipment, net
 
$
124,926

 
$
155,847

 
 
Schedule of Capitalized Software
Computer software consists of the following (in thousands):
 
 
December 31,
 
 
2014
 
2013
Computer software
 
$
207,175

 
$
189,964

Less: Accumulated amortization
 
(105,585
)
 
(64,956
)
Computer software, net
 
$
101,590

 
$
125,008

Schedule of Amortization of Capitalized Software Development
Based on the balance of computer software, net, at December 31, 2014, the following is an estimate of amortization expense for each of the next five years and thereafter (in thousands):
 
 
Amortization Expense
2015
 
$
35,728

2016
 
29,856

2017
 
22,572

2018
 
10,431

2019
 
1,638

Thereafter
 
1,365

Total
 
$
101,590