Premises and Equipment

12 Months Ended

Dec. 31, 2017

Premises and Equipment

Premises and Equipment

(11)        Premises and Equipment

The following is a summary of premises and equipment at December 31 (dollars in thousands):

	2017		2016
Furniture, fixtures and equipment	$	149,366	$	157,770
Leasehold improvements		45,543		52,440
		194,909		210,210
Less: accumulated depreciation and amortization		140,949		150,877
Total	$	53,960	$	59,333

Depreciation and amortization expense relating to premises and equipment amounted to $18.3 million, $16.5 million and $16.3 million during the years ended December 31, 2017, 2016 and 2015, respectively, and are included in occupancy and equipment expense in the Consolidated Statements of Operations. During 2017, premises and equipment costs and related accumulated depreciation and amortization were reduced by $30.6 million and $10.2 million, respectively, for assets that are no longer in use. During 2017, the Company also wrote off leasehold assets of $7.5 million, net of accumulated depreciation, related to consolidation of its New York headquarters from three floors to two floors.