Capital Lease Obligations

12 Months Ended

Dec. 31, 2016

8. Capital Lease Obligations

The Company leases various fixed assets under capital lease arrangements requiring payments through May 2019. For the years ended December 31, 2016, 2015, and 2014, $2.0 million $0, and $0.2 million were funded by capital leases, respectively. The depreciation of the capital lease assets is included in depreciation. The Company has included these leases in property and equipment, net at December 31, as follows (in thousands):


	2016		2015
Furniture and equipment	$	5,741	$	3,734
Accumulated depreciation		(3,449)		(2,301)
	$	2,292	$	1,433

The following is a schedule by year of future minimum lease payments (in thousands) under the capitalized leases, together with the present value of net minimum lease payments at December 31, 2016 (including current portion of $1.2 million):


2017	$	1,285
2018		837
2019		23
		2,145
Interest		(80)
	$	2,065