XML 43 R17.htm IDEA: XBRL DOCUMENT v3.6.0.2
Furniture, Equipment and Leasehold Improvements, Net
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements, Net
Furniture, Equipment and Leasehold Improvements, Net
Furniture, equipment and leasehold improvements, net consist of:
 
December 31,
 
2016
 
2015
 
(in thousands)
Furniture and equipment
$
535,890

 
$
529,488

Leasehold improvements
247,121

 
258,280

 
783,011

 
787,768

Less: Accumulated depreciation and amortization
(623,447
)
 
(627,408
)
Furniture, equipment and leasehold improvements, net
$
159,564

 
$
160,360


Depreciation and amortization expense on furniture, equipment and leasehold improvements were $29.4 million, $29.0 million and $36.2 million for the years ended December 31, 2016, 2015 and 2014, respectively.
During 2016, 2015 and 2014, we recorded $17.7 million, $1.0 million and $0.1 million, respectively, in pre-tax real estate charges. Included in the 2014 charge was $5.5 million of leasehold improvements, furniture and equipment we wrote off related to the respective spaces. See Note 3 for further discussion of the real estate charges.