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Furniture and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment
FURNITURE AND EQUIPMENT

Furniture and equipment consists of the following at December 31, 2015 and 2014 (in thousands):
 
 
2015
 
2014
 
 
 
 
 
Furniture and fixtures
 
$
739

 
$
761

Computer hardware and software
 
649

 
650

Leasehold improvements
 
145

 
144

 
 
1,533

 
1,555

Less:  accumulated depreciation and amortization
 
(1,261
)
 
(1,055
)
 
 
$
272

 
$
500


Depreciation expense was $222,000, $304,000 and $236,000 for the years ended December 31, 2015, 2014 and 2013, respectively. In 2015 and 2014, the Company retired $30,000 and $330,000, respectively, of items held in furniture and equipment and recorded a $14,000 and $71,000, respectively, loss on disposal.