Property and Equipment, net

6 Months Ended

Jun. 30, 2014

4. Property and Equipment, net

Property and equipment consisted of the following at December 31, 2012 and 2013 and June 30, 2014 (in thousands):

	December 31,

	December 31,						June 30, 2014
	2012			2013			June 30, 2014
							(unaudited)
Computer equipment and internally developed software	$	16,840		$	22,517		$	26,757
Furniture and fixtures		1,357			1,654			2,048
Leasehold improvements		2,306			2,921			3,050
Vehicles		45			—			—


		20,548			27,092			31,855
Less: Accumulated depreciation		(7,706	)		(11,854	)		(14,751	)


Total property and equipment, net	$	12,842		$	15,238		$	17,104

Total depreciation and amortization expense of property and equipment was $2.7 million, $5.6 million and $6.4 million for the years ended December 31, 2011, 2012 and 2013, respectively. Total depreciation and amortization expense of property and equipment was $3.4 million (unaudited) and $3.9 million (unaudited) for the six months ended June 30, 2013 and 2014 respectively.

Amortization of internal use capitalized software development costs was $1.4 million, $2.8 million and $3.8 million for the years ended December 31, 2011, 2012 and 2013, respectively. Amortization of internal use capitalized software development costs was $2.0 million (unaudited) and $2.3 million (unaudited) for the six months ended June 30, 2013 and 2014, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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