PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

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

	December 31, 2015			December 31, 2014
Computer equipment and capitalized software	$	10,192		$	16,080
Leasehold improvements	2,096			2,096
Furniture and other equipment	455			1,030
Projects in progress	3,612			861
Total gross property and equipment	16,355			20,067
Accumulated depreciation	(6,940		)	(14,810		)
Total property and equipment, net	$	9,415		$	5,257

Unamortized capitalized software development costs, in service or under development, are $8.0 million and $4.5 million at December 31, 2015 and 2014, respectively. Capitalized software development depreciation expense was $2.6 million, $2.8 million and $3.0 million for the years ended December 31, 2015, 2014 and 2013, 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.