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Property and Equipment, Net
12 Months Ended
Dec. 31, 2016
Property and Equipment, Net  
Property and Equipment, Net

Note 6. Property and Equipment, Net

 

Property and equipment, net, consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

    

2016

    

2015

 

Computer equipment

 

$

7,059

 

$

5,394

 

Furniture and equipment

 

 

1,081

 

 

377

 

Leasehold improvement

 

 

3,559

 

 

1,747

 

Construction in progress

 

 

 —

 

 

785

 

Total

 

 

11,699

 

 

8,303

 

Accumulated depreciation

 

 

(4,220)

 

 

(2,044)

 

Property and equipment, net

 

$

7,479

 

$

6,259

 

 

Depreciation expense for the years ended December 31, 2016, 2015 and 2014 was $2.2 million, $1.1 million and $0.3 million, respectively. As of December 31, 2015, construction in progress consisted primarily of costs incurred to establish a new hosting facility and purchased computer equipment, which was not placed into service until 2016.