Quarterly report pursuant to sections 13 or 15(d)

Furniture, Equipment and Leasehold Improvements, Net

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Furniture, Equipment and Leasehold Improvements, Net
 6 Months Ended
Jun. 30, 2013
Property Plant And Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements, Net
6. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

The following is a summary of furniture, equipment and leasehold improvements, net as of June 30, 2013 and December 31, 2012:

 

     2013     2012  

Leasehold improvements

    $ 3,557      $ 3,557   

Furniture and equipment

      3,589        3,526   

Artwork

      339        338   
  

 

 

    

 

 

  

Total cost

      7,485        7,421   

Accumulated depreciation and amortization

      (5,560 )      (5,360 ) 
  

 

 

    

 

 

  

Furniture, equipment and leasehold improvements, net

    $ 1,925      $ 2,061   
  

 

 

    

 

 

  

Depreciation expense for the three and six months ended June 30, 2013 and 2012 was $199, $101, $231 and $118, respectively.