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
9 Months Ended
Sep. 30, 2015
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, 2015 and December 31, 2014:

 

 

  

2015

 

 

2014

 

Leasehold improvements

  

$

3,874

 

 

$

3,766

  

Furniture and equipment

  

 

5,110

 

 

 

4,496

  

Artwork

  

 

423

 

 

 

421

  

Total cost

  

 

9,407

 

 

 

8,683

  

Accumulated depreciation and amortization

  

 

(6,872

)

 

 

(6,329

)

Furniture, equipment and leasehold improvements, net

  

$

2,535

 

 

$

2,354

  

 

Depreciation expense for the three months ended September 30, 2015 and 2014 was $270 and $147, respectively.  Depreciation for the nine months ended September 30, 2015 and 2014 was $544 and $410, respectively.