Office Equipment and Leasehold Improvements

3 Months Ended

Mar. 31, 2014

Office Equipment and Leasehold Improvements

Office Equipment and Leasehold Improvements

9. Office Equipment and Leasehold Improvements

Refer to Note 1 within the footnotes to the consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for a discussion of the accounting policy related to office equipment and leasehold improvements.

Office equipment and leasehold improvements consist of the following:

(In thousands of dollars)	March 31, 2014			December 31, 2013
Communications and data processing equipment	$	279		$	279
Software	62			62
Total	341			341
Less: accumulated depreciation and amortization	(239		)	(226		)
Total office equipment and leasehold improvements, net	$	102		$	115

- 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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