Property and Equipment

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment consists of the following:



	June 30, 2014			June 30, 2013

Leasehold Improvements	$	2,460		$	2,254
Furniture and Fixtures	592			550
Computer Equipment	726			738
Software	168			100
Total	3,946			3,642
Accumulated Depreciation and Amortization	(1,333		)	(827		)
Property and Equipment, net	$	2,613		$	2,815

Depreciation and amortization charges included in Selling, general and administrative expenses for the years ended June 30, 2014 and 2013 amounted to $716 and $604, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details