Property and Equipment

3 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

The following is a summary of property and equipment, at cost less accumulated depreciation, at December 31, 2013 and September 30, 2013:



	December 31, 2013			September 30, 2013
	(in thousands)
Land	$	4,276		$	4,276
Computer equipment	3,980			3,666
Furniture and fixtures	2,649			2,177
Leasehold improvements	124			92
Building	15,748			15,079
Capitalized software	5,883			5,520
Property and equipment, gross	32,660			30,810
Less: Accumulated depreciation and amortization	(11,590		)	(11,003		)
Property and equipment, net	$	21,070		$	19,807

Depreciation expense related to property and equipment was $569 and $253, respectively, for the three months ended December 31, 2013 and 2012. Amortization expense related to capitalized software was $19 and $0, respectively, for the three months ended December 31, 2013 and 2012. A total of $353 was capitalized related to the development of software during the three months ended December 31, 2013. No such costs were capitalized during the three months ended December 31, 2012.

- 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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