Intangible Assets

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Capitalized Software Costs

Capitalized software costs, net is comprised of the following (in thousands):

	June 30, 2016			December 31, 2015
Capitalized software costs	$	44,624		$	41,120
Less accumulated amortization	(36,390		)	(33,931		)
Capitalized software costs, net	$	8,234		$	7,189

Amortization expense related to capitalized software costs is included in cost of revenue and was approximately $2.5 million and $1.5 million for the six-month periods ended June 30, 2016 and 2015, respectively.

Future amortization expense of capitalized software costs as of June 30, 2016 is expected to be as follows for the years ended December 31, (in thousands):

Remainder of 2016	$	2,445
2017	4,048
2018	1,603
2019	138
2020 and thereafter	—
	$	8,234

Intangible Assets

Intangibles assets acquired as of June 30, 2016 and December 31, 2015, respectively, are as follows (in thousands):

June 30, 2016	Weighted Average Life (Years)	Gross Carrying Amount		Accumulated Amortization			Net Book Value
Developed technology	2.0	$	1,500	$	(1,125	)	$	375
Customer relationships	2.0	2,000		(1,500		)	500
Total		$	3,500	$	(2,625	)	$	875

December 31, 2015	Weighted Average Life (Years)	Gross Carrying Amount		Accumulated Amortization			Net Book Value
Developed technology	2.0	$	1,500	$	(750	)	$	750
Customer relationships	2.0	2,000		(1,000		)	1,000
Total		$	3,500	$	(1,750	)	$	1,750

Amortization expense related to intangible assets was $875 thousand for the six-month periods ended June 30, 2016 and 2015. Future amortization expense for intangible assets as of June 30, 2016 is $875 thousand, and is expected to be recognized during the second half of 2016.