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Fixed Assets
12 Months Ended
Dec. 31, 2014
Property Plant And Equipment [Abstract]  
Fixed Assets

6. Fixed Assets

Fixed assets consist of the following (in thousands):

 

 

 

 

 

As of December 31,

 

 

 

Useful Life

 

2014

 

 

2013

 

Computer equipment and software, office equipment and furniture

 

3-7 years

 

$

20,078

 

 

$

12,510

 

Leasehold improvements

 

3-6 years

 

 

1,626

 

 

 

842

 

 

 

 

 

 

21,704

 

 

 

13,352

 

Less: accumulated depreciation

 

 

 

 

(13,757

)

 

 

(7,512

)

 

 

 

 

$

7,947

 

 

$

5,840

 

 

Depreciation expense for the years ended December 31, 2014, 2013 and 2012 was $3.6 million, $3.4 million and $1.7 million, respectively. Actua uses the straight line method of depreciation.