Quarterly report pursuant to Section 13 or 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v2.4.0.8
Furniture, Equipment and Leasehold Improvements, Net
9 Months Ended
Sep. 30, 2014
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 September 30, 2014 and December 31, 2013:

 

 

  

2014

 

 

2013

 

Leasehold improvements

  

$

3,690

 

 

$

3,679

  

Furniture and equipment

  

 

4,304

 

 

 

3,672

  

Artwork

  

 

360

 

 

 

345

  

Total cost

  

 

8,354

 

 

 

7,696

  

Accumulated depreciation and amortization

  

 

(6,193

)

 

 

(5,783

)

Furniture, equipment and leasehold improvements, net

  

$

2,161

 

 

$

1,913

  

Depreciation expense for the three months ended September 30, 2014 and 2013 was $147 and $100, respectively. Depreciation expense for the nine months ended September 30, 2014 and 2013 was $410 and $299, respectively.