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PROPERTY AND EQUIPMENT
3 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

 

Property and equipment, at cost, consist of the following:

                         
        September 30, 2015  
    Useful   (unaudited)  
($ in thousands)   Lives   Cost     Accumulated Depreciation     Net  
Computer equipment and purchased software   3-7 years   $ 4,740     $ (4,102 )   $ 638  
Property and equipment used for rental program   5 years     26,667       (15,616 )     11,051  
Furniture and equipment   3-7 years     736       (585 )     151  
Leasehold improvements   Lesser of     575       (525 )     50  
    life or lease term                        
        $ 32,718     $ (20,828 )   $ 11,890  

                       
    Useful   June 30, 2015  
($ in thousands)   Lives   Cost     Accumulated Depreciation     Net  
Computer equipment and purchased software   3-7 years   $ 4,670     $ (4,017 )   $ 653  
Property and equipment used for rental program   5 years     26,469       (14,476 )     11,993  
Furniture and equipment   3-7 years     723       (572 )     151  
Leasehold improvements   Lesser of     575       (503 )     72  
    life or lease term                        
        $ 32,437     $ (19,568 )   $ 12,869  

 

Assets under capital leases totaled approximately $2.2 million and $2.1 million as of September 30, 2015 and June 30, 2015, respectively. Capital lease amortization of approximately $93 thousand and $107 thousand is included in depreciation expense for three months ended September 30, 2015 and 2014, respectively.