Capitalized Software, Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2012

Capitalized Software, Furniture, Equipment and Leasehold Improvements [Abstract]

Capitalized Software, Furniture, Equipment and Leasehold Improvements

6. Capitalized Software, Furniture, Equipment and Leasehold Improvements

Capitalized software development costs, furniture, equipment and leasehold improvements, net of accumulated depreciation and amortization, are comprised of the following:

	As of December 31,
	2012			2011
	(In thousands)
Software development costs	$	29,662		$	24,440
Computer hardware and related software		15,702			11,126
Office hardware		2,125			1,832
Furniture and fixtures		1,479			1,446
Leasehold improvements		4,709			4,667
Computer hardware under capital lease		1,419			1,419
Accumulated depreciation and amortization		(37,087	)		(30,470	)
Total capitalized software, furniture, equipment and leasehold improvements, net of accumulated depreciation and amortization	$	18,009		$	14,460

During the years ended December 31, 2012, 2011 and 2010, software development costs totaling $5.2 million, $4.1 million and $1.9 million, respectively, were capitalized. Non-capitalized software costs and routine maintenance costs are expensed as incurred and are included in employee compensation and benefits and professional and consulting fees in the Consolidated Statements of Operations.