Capitalized Software, Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2013

Property Plant And Equipment [Abstract]

Capitalized Software, Furniture, Equipment and Leasehold Improvements

7. 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,
	2013			2012
	(In thousands)
Software development costs	$	41,062		$	30,482
Computer hardware and related software		22,051			15,702
Office hardware		2,380			2,125
Furniture and fixtures		1,777			1,479
Leasehold improvements		8,129			4,709
Computer hardware under capital lease		1,419			1,419
Accumulated depreciation and amortization		(44,115	)		(37,907	)
Total capitalized software, furniture, equipment and leasehold improvements, net of accumulated depreciation and amortization	$	32,703		$	18,009

During the years ended December 31, 2013, 2012 and 2011, software development costs totaling $10.9 million, which includes the $2.9 million from the out-of-period adjustment, $5.2 million and $4.1 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.