Property and Equipment

6 Months Ended

Jun. 30, 2012

Property and Equipment [Abstract]

Property and equipment

(6) Property and Equipment

Property and equipment at December 31, 2011 and June 30, 2012 were comprised of the following (dollars in thousands):

	December 31, 2011			June 30, 2012
Computers and equipment	$	8,799		$	9,871
Software and development costs		43,922			49,691
Furniture and fixtures		3,046			3,265
Leasehold improvements		6,752			6,964
	$	62,519		$	69,791
Less accumulated depreciation and amortization		(43,505	)		(46,634	)
Property and equipment, net	$	19,014		$	23,157

In the six months ended June 30, 2012, the Company capitalized software development costs of $5.3 million. In the three months ended June 30, 2011 and 2012, the Company amortized $1.5 million and $1.6 million of capitalized software development costs, respectively. In the six months ended June 30, 2011 and 2012, the Company amortized $2.9 million and $3.0 million of capitalized software development costs, respectively. These costs are included in amortization and change in contingent consideration in the accompanying consolidated statements of operations. At June 30, 2012, the unamortized software development costs included in property and equipment in the accompanying consolidated balance sheets was $17.3 million.

Total depreciation expense, including amortization of internal use software, for both the three months ended June 30, 2011 and 2012 was $2.3 million, and for the six months ended June 30, 2011 and 2012 was $4.6 million and $4.5 million, respectively.