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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property and equipment, net as of December 31, 2015 and 2014 consists of the following:

(in thousands)
2015
 
2014
Land
$
4,000

 
$
4,000

Buildings
111

 
230

Furniture and equipment
62,140

 
91,397

Capitalized software
759,925

 
701,482

Leasehold improvements
29,038

 
30,001

 
855,214

 
827,110

Less: accumulated depreciation
(479,560
)
 
(458,496
)
Property and equipment, net
$
375,654

 
$
368,614