Fixed Assets and Leasehold Improvements

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Fixed Assets and Leasehold Improvements

Fixed Assets and Leasehold Improvements

Fixed assets and leasehold improvements comprise the following (in thousands):

	Depreciation	December 31, 2015			December 31, 2014
	Period
Computer hardware and software	3 years	$	253,113		$	242,498
Leasehold improvements	*	108,173			114,851
Telephone systems and equipment	5 years	3,651			3,962
Furniture and fixtures	7 years	12,216			12,120
		377,153			373,431
Less - Accumulated depreciation and amortization		(282,295		)	(239,380		)
		$	94,858		$	134,051

*Shorter of life of lease or useful life of assets