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Fixed Assets

3 Months Ended

Mar. 31, 2014

Property Plant And Equipment [Abstract]

4. Fixed Assets

In 2014, the Company purchased $3,527 of fixed assets in addition to approximately $6,000 purchased in 2013 for its new office space. The Company started to depreciate these assets in January of 2014 when its new office space was ready for use.

The following table summarizes fixed assets:


	March 31, 2014			December 31, 2013
Equipment	$	653		$	518
Furniture and fixtures		1,579			1,005
Leasehold improvements		7,698			4,880
Less accumulated depreciation and amortization		(343	)		(151	)

Total	$	9,587		$	6,252

- 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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