Quarterly report pursuant to Section 13 or 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.8.0.1
Furniture, Equipment and Leasehold Improvements, Net
9 Months Ended
Sep. 30, 2017
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, 2017 and December 31, 2016:

 

 

  

September 30,

2017

 

 

December 31,

2016

 

Leasehold improvements

  

$

3,926

 

 

$

3,915

  

Furniture and equipment

  

 

6,528

 

 

 

5,802

  

Artwork

  

 

466

 

 

 

466

  

Total cost

  

 

10,920

 

 

 

10,183

  

Accumulated depreciation and amortization

  

 

(8,415

)

 

 

(7,772

)

Furniture, equipment and leasehold improvements, net

  

$

2,505

 

 

$

2,411

  

 

Depreciation expense for the three months ended September 30, 2017 and 2016 was $247 and $184, respectively.  Depreciation expense for the nine months ended September 30, 2017 and 2016 was $681 and $553, respectively.