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EQUIPMENT AND LEASEHOLD IMPROVEMENTS
3 Months Ended
Mar. 31, 2016
EQUIPMENT AND LEASEHOLD IMPROVEMENTS  
EQUIPMENT AND LEASEHOLD IMPROVEMENTS

5. EQUIPMENT AND LEASEHOLD IMPROVEMENTS

        Equipment and leasehold improvements, net consist of the following:

                                                                                                                                                                                    

 

 

March 31,
2016

 

December 31,
2015

 

Office equipment

 

$

11,675

 

$

11,193

 

Furniture and fixtures

 

 

3,073

 

 

2,916

 

Leasehold improvements

 

 

7,225

 

 

7,073

 

​  

​  

​  

​  

Total

 

 

21,973

 

 

21,182

 

Less accumulated depreciation and amortization

 

 

(13,040

)

 

(12,484

)

​  

​  

​  

​  

Equipment and leasehold improvements, net

 

$

8,933

 

$

8,698

 

​  

​  

​  

​  

​  

​  

​  

​  

        Depreciation and amortization expenses for fixed assets totaled $736 and $620 for the three months ended March 31, 2016 and 2015, respectively.