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EQUIPMENT AND LEASEHOLD IMPROVEMENTS
9 Months Ended
Sep. 30, 2016
EQUIPMENT AND LEASEHOLD IMPROVEMENTS  
EQUIPMENT AND LEASEHOLD IMPROVEMENTS

5. EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Equipment and leasehold improvements, net consist of the following:

 

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

 

2016

 

2015

 

Office equipment

 

$

12,449

 

$

11,193

 

Furniture and fixtures

 

 

3,259

 

 

2,916

 

Leasehold improvements

 

 

8,049

 

 

7,073

 

Total

 

 

23,757

 

 

21,182

 

Less accumulated depreciation and amortization

 

 

(14,678)

 

 

(12,484)

 

Equipment and leasehold improvements, net

 

$

9,079

 

$

8,698

 

Depreciation and amortization expenses for fixed assets totaled $817 and $646 for the three months ended September 30, 2016 and 2015, respectively, and $2,359 and $1,954 for the nine months ended September 30, 2016 and 2015, respectively.