Annual report pursuant to section 13 and 15(d)

Furniture, Equipment and Leasehold Improvements, Net

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Furniture, Equipment and Leasehold Improvements, Net
12 Months Ended
Dec. 31, 2013
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 December 31, 2013 and December 31, 2012:

 

 

  

2013

 

 

2012

 

Leasehold improvements

  

$

3,679

  

 

$

3,557

  

Furniture and equipment

  

 

3,672

  

 

 

3,526

  

Artwork

  

 

345

  

 

 

338

  

Total cost

  

 

7,696

  

 

 

7,421

  

Accumulated depreciation and amortization

  

 

(5,783

)

 

 

(5,360

)

Furniture, equipment and leasehold improvements, net

  

$

1,913

  

 

$

2,061

  

Depreciation expense for the years ended December 31, 2013, 2012 and 2011 was $423, $471, and $492, respectively.