Property and Equipment, Net

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment balances were comprised of the following (in thousands):

	September 30, 2014			December 31, 2013
Computers and equipment	$	16,414		$	14,675
Software	37,062			34,467
Leasehold improvements	12,906			11,493
Furniture and Fixture	9,737			9,078
	76,119			69,713
Less: accumulated depreciation and amortization	(48,447		)	(41,715		)
Property and equipment – net	$	27,672		$	27,998

Depreciation and amortization expense for property and equipment during the three and nine months ended September 30, 2014 and the three and nine months ended September 30, 2013, was $3.3 million, $9.6 million, $3.0 million and $9.0 million respectively.

Total property and equipment assets under capital lease at September 30, 2014 and December 31, 2013, were $3.3 million and $3.2 million, respectively. Accumulated depreciation related to assets under capital lease as of these dates was $3.0 million and $2.6 million, respectively.

The Company capitalized internal-use software development costs of $1.0 million and $0 million during the three months ended September 30, 2014 and 2013, respectively and $2.0 million and $0 million during the nine months ended September 30, 2014 and 2013, respectively. As of September 30, 2014 and December 31, 2013, the net value of capitalized costs related to internal-use software, net of accumulated amortization, was $10.6 million and $9.3 million, respectively. Amortization of capitalized costs related to internal-use software for the three and nine months ended September 30, 2014 was $0.6 million and $1.8 million, respectively, and for the three and nine months ended September 30, 2013 was $1.3 million and $3.8 million, respectively.