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PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2016
Property, Plant and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET
As of March 31, 2016 and December 31, 2015, property and equipment, net, was as follows:

 
March 31,
2016
 
December 31,
2015
Computer equipment
$
6,360

 
$
5,911

Furniture and equipment
2,116

 
2,668

Capitalized software costs
18,308

 
17,946

Leasehold improvements
15,396

 
15,522

 
42,180

 
42,047

Less: accumulated depreciation and amortization
34,268

 
34,119

Property and equipment, net
$
7,912

 
$
7,928



The Company had expenditures of approximately $392 and $513 for acquired property and equipment, mainly consisting of software, furniture and fixtures and leasehold improvements, which had not been placed in service as of March 31, 2016 and December 31, 2015, 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 as of March 31, 2016 and December 31, 2015 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, 2016 and December 31, 2015. A summary of the Company’s equipment acquired under capital lease agreements were as follows:

 
March 31,
2016
 
December 31,
2015
Capital lease obligation, current
$
66

 
$
62

Capital lease obligation, non-current
$
218

 
$
229