Quarterly report pursuant to Section 13 or 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.5.0.2
Furniture, Equipment and Leasehold Improvements, Net
6 Months Ended
Jun. 30, 2016
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, 2016 and December 31, 2015:

 

 

  

June 30,

2016

 

 

December 31,

2015

 

Leasehold improvements

  

$

3,877

 

 

$

3,874

  

Furniture and equipment

  

 

5,319

 

 

 

5,157

  

Artwork

  

 

459

 

 

 

429

  

Total cost

  

 

9,655

 

 

 

9,460

  

Accumulated depreciation and amortization

  

 

(7,403

)

 

 

(7,035

)

Furniture, equipment and leasehold improvements, net

  

$

2,252

 

 

$

2,425

  

 

Depreciation expense for the three months ended June 30, 2016 and 2015 was $190 and $137, respectively.  Depreciation expense for the six months ended June 30, 2016 and 2015 was $368 and $274, respectively.