PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment, Net [Abstract]

As of March 31, 2013 and December 31, 2012, property and equipment, net were as follows:



	March 31, 2013		December 31, 2012
Computer equipment	$	10,501	$	10,889
Furniture and equipment	7,761		7,840
Capitalized software costs	29,088		28,877
Leasehold and building improvements	24,428		24,650
	71,778		72,256
Less: accumulated depreciation and amortization	52,868		52,206
Property and equipment, net	$	18,910	$	20,050

The Company had expenditures of approximately $1,009 and $778 for acquired property and equipment, mainly consisting of software, which had not been placed in service as of March 31, 2013 and December 31, 2012, respectively. Depreciation expense is not recorded for such assets until they are placed in service.

Non-Cash Capital Expenditures

The Company has acquired certain computer equipment under capital lease agreements. The current portion of the capital lease obligations are included under the caption “Accrued expenses and other current liabilities” in the Condensed Consolidated Balance Sheets and the non-current portion of the capital lease obligations are included under the caption “Other non-current liabilities” in the Condensed Consolidated Balance Sheets as of March 31, 2013 and December 31, 2012. A summary of the Company’s equipment acquired under capital lease agreements was as follows:



	March 31, 2013		December 31, 2012
Capital lease obligation, current	$	475	$	467
Capital lease obligation, non-current	$	202	$	324

The Company did not acquire any property and equipment under capital lease agreements during the three months ended March 31, 2013 and 2012.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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