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Property and Equipment
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment consists of the following:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2015

 

2014

 

 

 

(in thousands)

 

Computer and office equipment

    

$
5,256

    

$
3,559

 

Leasehold improvements

 

 
2,272

 

 
2,158

 

Office furniture and equipment

 

 
990

 

 
958

 

 

 

 
8,518

 

 
6,675

 

Less accumulated depreciation and amortization

 

 
(3,625)

 

 
(1,964)

 

Property and equipment, net

 

$
4,893

 

$
4,711

 

Depreciation expense was $1.8 million, $1.2 million and $0.5 million for the years ended December 31, 2015, 2014 and 2013,  respectively.