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Property and Equipment (Tables)
 12 Months Ended
Dec. 31, 2017
Property and Equipment  
Property and Equipment

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

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

    

Depreciable Life

    

2017

    

2016

Leasehold improvements

    

Shorter of estimated useful life or life of lease

 

$

3,227

 

$

3,063

Office furniture, fixtures and equipment

 

1 - 10 years

 

 

12,004

 

 

11,824

 

 

 

 

 

15,231

 

 

14,887

Less accumulated depreciation

 

 

 

 

(12,326)

 

 

(12,196)

 

 

 

 

$

2,905

 

$

2,691