Property and Equipment, net

6 Months Ended

Jun. 30, 2014

4.Property and Equipment, net

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


	June 30,		December 31,
	2014		2013
Computer equipment and internally developed software	$	26,757	$	22,517
Furniture and fixtures		2,048		1,654
Leasehold improvements		3,050		2,921
		31,855		27,092
Less: Accumulated depreciation		(14,751)		(11,854)
Total property and equipment, net	$	17,104	$	15,238

Total depreciation and amortization expense of property and equipment was $1.9 million and $1.7 million for the three months ended June 30, 2014 and 2013, respectively. Total depreciation and amortization expense of property and equipment was $3.9 million and $3.4 million for the six months ended June 30, 2014 and 2013, respectively.

Amortization of internal use capitalized software development costs was $1.2 million and $1.0 million for the three months ended June 30, 2014 and 2013, respectively. Amortization of internal use capitalized software development costs was $2.3 million and $2.0 million for the six months ended June 30, 2014 and 2013, 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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