Quarterly report pursuant to Section 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, 2014
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, 2014 and December 31, 2013:

 

 

  

2014

 

 

2013

 

Leasehold improvements

  

$

3,690

 

 

$

3,679

  

Furniture and equipment

  

 

4,173

 

 

 

3,672

  

Artwork

  

 

358

 

 

 

345

  

Total cost

  

 

8,221

 

 

 

7,696

  

Accumulated depreciation and amortization

  

 

(6,046

)

 

 

(5,783

)

Furniture, equipment and leasehold improvements, net

  

$

2,175

 

 

$

1,913

  

Depreciation expense for the three months ended June 30, 2014 and 2013 was $142 and $101, respectively. Depreciation expense for the six months ended June 30, 2014 and 2013 was $263 and $199, respectively.