PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Schedule of property and equipment, net

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

	December 31, 2016			December 31, 2015
Land	$	5,818		$	—
Building	14,679			—
Site improvements	950			—
Computer equipment and capitalized software	14,886			10,192
Leasehold improvements	3,048			2,096
Furniture and other equipment	826			432
Aircraft and automobile	1,988			23
Projects in progress	3,006			3,612
Total gross property and equipment	45,201			16,355
Accumulated depreciation	(9,739		)	(6,940		)
Total property and equipment, net	$	35,462		$	9,415

Schedule of asset acquisition

	Fair Value		Weighted Average Depreciation Life
Land	$	5,818	N/A
Building	14,679		34.0 years
Site improvements	950		6.6 years
Tenant leases	2,029		3.2 years
Total purchase price	$	23,476

The allocation of the purchase price to the assets acquired is as follows (dollars in thousands):

	Fair Value		Weighted Average Amortization Life
Accounts receivable	$	125	N/A
Total intangible assets with definite lives, net	$	4,500	9.2 years
Goodwill	$	375	N/A

Schedule of future rental income

Future rental income from the building tenants as of December 31, 2016 under operating lease agreements having an initial or remaining non-cancelable lease term in excess of one year are as follows (in thousands):

Year ending December 31,	Amount
2017	$	1,435
2018	1,197
2019	951
2020	599
2021	151
Total	$	4,333