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PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET
As of March 31, 2017 and December 31, 2016, property and equipment, net, was as follows:
 
March 31,
2017
 
December 31,
2016
Computer equipment
$
6,061

 
$
5,888

Furniture and equipment
2,295

 
2,244

Capitalized software costs
17,929

 
17,010

Leasehold improvements
14,165

 
13,699

 
40,450

 
38,841

Less: accumulated depreciation and amortization
33,422

 
31,800

Property and equipment, net
$
7,028

 
$
7,041


The Company had expenditures of approximately $456 and $235 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, 2017 and December 31, 2016, 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, 2017 and December 31, 2016 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, 2017 and December 31, 2016. A summary of the Company’s equipment acquired under capital lease agreements were as follows:
 
March 31,
2017
 
December 31,
2016
Capital lease obligation, current
$
70

 
$
65

Capital lease obligation, non-current
$
124

 
$
140