Property, Plant and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment, at cost, consists of the following:



					Estimated
	December 31,				Useful Life
	2013		2012		In Years
Land and improvements	$	—	$	639
Building and leasehold improvements	1,864		6,935		3 – 45
Furniture, fixtures and equipment	9,542		9,650		2 – 10
Software	4,612		3,605		1 – 7
	16,018		20,829
Less accumulated depreciation and amortization	12,257		15,195
Total	$	3,761	$	5,634

During the years ended December 31, 2013, 2012 and 2011, the Company determined that the carrying values of certain long-lived assets were impaired (see Note 3).

As of December 31, 2013, the Basking Ridge, NJ real estate was classified as assets held for sale. The Board authorized the sale of the real estate during the fourth quarter of 2013, and the Company received approval from Keltic Financial to sell the property. As a result, the land and building owned in Basking Ridge, NJ of $0.7 million are recorded as assets held for sale at December 31, 2013.

- 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.

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