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
9 Months Ended
Sep. 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 September 30, 2016 and December 31, 2015:

 

 

  

September 30,

2016

 

 

December 31,

2015

 

Leasehold improvements

  

$

3,905

 

 

$

3,874

  

Furniture and equipment

  

 

5,385

 

 

 

5,157

  

Artwork

  

 

460

 

 

 

429

  

Total cost

  

 

9,750

 

 

 

9,460

  

Accumulated depreciation and amortization

  

 

(7,588

)

 

 

(7,035

)

Furniture, equipment and leasehold improvements, net

  

$

2,162

 

 

$

2,425

  

 

Depreciation expense for the three months ended September 30, 2016 and 2015 was $184 and $270, respectively.  Depreciation expense for the nine months ended September 30, 2016 and 2015 was $553 and $544, respectively.