PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment, Net [Abstract]

As of December 31, 2016 and 2015, property and equipment, net were as follows:



	As of December 31,
	2016		2015
Computer equipment	$	5,888	$	5,911
Furniture and equipment	2,244		2,668
Capitalized software costs	17,010		17,946
Leasehold and building improvements	13,699		15,522
	38,841		42,047
Less: accumulated depreciation and amortization	31,800		34,119
Property and equipment, net	$	7,041	$	7,928

The Company had expenditures of approximately $235 and $513 for acquired property and equipment, mainly consisting of software development, fixtures, computer equipment and leasehold improvements, which had not been placed in service as of December 31, 2016 and 2015, respectively. Depreciation expense is not recorded for such assets until they are placed in service.

Impairment of Long-Lived Assets

During the fourth quarter of 2016, the Company experienced continued declines in the operating results within certain markets. These events were deemed to be triggering events that required the Company to perform an impairment assessment with respect to long-lived assets, primarily property and equipment. The Company estimated the expected undiscounted future cash flows resulting from the long-lived assets' use and eventual disposition, and compared it to their carrying value. The undiscounted future cash flows exceeded the asset group's carrying value, indicating the Company's long-lived assets were not impaired.

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 Consolidated Balance Sheets and the non-current portion of the capital lease obligations are included under the caption “Other non-current liabilities” in the Consolidated Balance Sheets as of December 31, 2016 and 2015. A summary of the Company’s equipment acquired under capital lease agreements was as follows:



	As of December 31,
	2016		2015
Capital lease obligation, current	$	65	$	62
Capital lease obligation, non-current	$	140	$	229

The Company acquired $0 and $0 of property and equipment under capital lease agreements for the years ended December 31, 2016 and 2015, respectively.