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Fixed Assets
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Fixed Assets
Fixed Assets
Fixed assets consist of the following:

 
Estimated
 
December 31,
 
Life (Years)
 
2012
 
2011
 
 
 
(In thousands)
Furniture, fixtures and equipment
3-7
 
$
10,437

 
$
11,647

Computer software
3
 
2,685

 
2,333

Computer hardware
3
 
2,130

 
2,282

Leasehold improvements
5-15
 
19,160

 
19,157

 
 
 
34,412

 
35,419

Less: Accumulated depreciation
 
 
(18,312
)
 
(17,440
)
 
 
 
$
16,100

 
$
17,979


Depreciation expense was approximately $2.9 million, $3.6 million and $4.4 million for the years ended December 31, 2012, 2011 and 2010, respectively.