PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

The balance of property and equipment, net is as follows (in thousands):



	December 31, 2014			December 31, 2013
Computer equipment and capitalized software	$	16,080		$	18,130
Leasehold improvements	2,096			2,096
Furniture and other equipment	1,030			981
Projects in progress	861			2,145
Total gross property and equipment	20,067			23,352
Accumulated depreciation	(14,810		)	(18,008		)
Total property and equipment, net	$	5,257		$	5,344

Unamortized capitalized software development costs, in service or under development, are $4.5 million and $4.3 million at December 31, 2014 and 2013, respectively. Capitalized software development depreciation expense was $2.8 million, $3.0 million and $3.1 million for the years ended December 31, 2014, 2013 and 2012, respectively.

During 2014, the Company recorded an impairment charge in its Education business of approximately $0.4 million to internally developed software. See Note 2—Significant Accounting Policies for a discussion of the impairment.

- 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.

+ References+ Details