PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

5. PROPERTY AND EQUIPMENT

Property and equipment consist of the following:

	December 31,
	2012		2013

Buildings	5,800		5,969
Furniture, fixtures and equipment	21,603		25,296
Motor vehicles	2,146		2,334
Leasehold improvements	37,217		40,947
Less: accumulated depreciation and amortization	(26,150	)	(39,720	)
	40,616		34,826

Depreciation and amortization expenses for the years ended December 31, 2011, 2012 and 2013 were $8,109, $15,308 and $16,117, respectively.

- 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.

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