Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

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Property and Equipment
9 Months Ended
Sep. 30, 2013
Property Plant And Equipment [Abstract]  
Property and Equipment
2. Property and Equipment

Property and equipment consist of the following:

 

     September 30,     December 31,  
     2013     2012  

Computer software and hardware equipment

   $ 7,489      $ 6,211   

Furniture, fixtures, and equipment

     19,357        18,394   

Less accumulated depreciation and amortization

     (18,370     (17,917
  

 

 

   

 

 

 
   $ 8,476      $ 6,688   
  

 

 

   

 

 

 

Furniture, fixtures and equipment with a net book value of $39 and $160, are recorded under capital leases as of September 30, 2013 and December 31, 2012, respectively. The related depreciation of these assets is included in depreciation expense.

Payments for certain improvements to the Company’s leased office space are recorded as prepaid rent. Amortization of prepaid rent is recorded over the lease term as an increase to rent expense using the straight-line method.