Annual report pursuant to Section 13 and 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.19.3.a.u2
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:

 

 

  

2019

 

 

2018

 

Leasehold improvements

  

$

7,783

  

 

$

5,229

  

Furniture and equipment

  

 

6,541

  

 

 

6,022

  

Artwork

  

 

502

  

 

 

483

  

Total cost

  

 

14,826

  

 

 

11,734

  

Accumulated depreciation and amortization

  

 

(8,811

)

 

 

(8,298

)

Furniture, equipment and leasehold improvements, net

  

$

6,015

  

 

$

3,436

  

 

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.