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EQUIPMENT AND LEASEHOLD IMPROVEMENTS
9 Months Ended
Sep. 30, 2017
EQUIPMENT AND LEASEHOLD IMPROVEMENTS  
EQUIPMENT AND LEASEHOLD IMPROVEMENTS

5. EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Equipment and leasehold improvements, net consists of the following:

 

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

 

2017

 

2016

 

Office equipment

 

$

9,682

 

$

12,489

 

Furniture and fixtures

 

 

3,412

 

 

3,255

 

Leasehold improvements

 

 

11,293

 

 

8,151

 

Total

 

 

24,387

 

 

23,895

 

Less accumulated depreciation and amortization

 

 

(14,042)

 

 

(15,498)

 

Equipment and leasehold improvements, net

 

$

10,345

 

$

8,397

 

Depreciation and amortization expenses for fixed assets totaled $891 and $817 for the three months ended September 30, 2017 and 2016, respectively, and $2,570 and $2,359 for the nine months ended September 30, 2017 and 2016, respectively.