Property and Equipment, Net

3 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following:

	March 31, 2017			December 31, 2016
Land	$	2,114		$	2,114
Building and building improvements	5,502			5,502
Computer hardware and software	14,907			14,699
Office furniture and equipment	2,652			2,652
Total, at cost	25,175			24,967
Less: accumulated depreciation and amortization	(7,722		)	(7,107		)
Property and equipment, net	$	17,453		$	17,860

Depreciation and amortization expense under property and equipment was $615,000 and $622,000 for the three months ended March 31, 2017 and 2016, respectively.