Furniture, Equipment and Leasehold Improvements, Net
|12 Months Ended|
Dec. 31, 2019
|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 December 31, 2019 and December 31, 2018:
Depreciation and amortization expense for the years ended December 31, 2019, 2018 and 2017 was $978, $747, and $975, respectively.
During 2019, the Company wrote off leased assets of $310 that were fully depreciated as of December 31, 2019. During 2018, the Company disposed of computer equipment with a cost of $989 and accumulated depreciation of $952.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef