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PROPERTY AND EQUIPMENT
6 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

4. PROPERTY AND EQUIPMENT

 

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

 

        December 31, 2015  
    Useful   (unaudited)  
($'s in thousands)   Lives   Cost     Accumulated
Depreciation
    Net  
Computer equipment and purchased software   3-7 years   $ 4,858     $ (4,188 )   $ 670  
Property and equipment used for rental program   5 years     26,630       (16,611 )     10,019  
Furniture and equipment   3-7 years     737       (599 )     138  
Leasehold improvements   Lesser of     575       (546 )     29  
    life or lease term                        
        $ 32,800     $ (21,944 )   $ 10,856  

 

        June 30, 2015  
($'s in thousands)   Useful
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 lease totaled approximately $2.2 million and $2.1 million as of December 31, 2015 and June 30, 2015, respectively. Capital lease amortization of approximately $46 thousand and $34 thousand is included in depreciation expense for the three-month periods ended December 31, 2015 and 2014, respectively.  Capital lease amortization of approximately $139 thousand and $141 thousand is included in depreciation expense for the six-month periods ended December 31, 2015 and 2014, respectively.