Property and Equipment

12 Months Ended

Dec. 31, 2014

4. Property and Equipment

Property and equipment consist of the following:


	December 31,
	2014		2013
	(In thousands)
Computers, software and equipment	$	4,270	$	3,514
Furniture and fixtures		97		89
Leasehold and tenant improvements		3,086		3,081
		7,453		6,684
Less accumulated depreciation and amortization		(6,554)		(6,377)
	$	899	$	307

During 2012, we entered into a capital lease for certain computer equipment for $22,000. Total assets under capital lease were $22,000 as of December 31, 2014 and 2013, respectively; accumulated depreciation for these assets was $20,000 and $12,900 at December 31, 2014 and 2013, respectively.

Depreciation expense in 2014, 2013 and 2012 was $188,000, $113,000 and $154,000, respectively.

- Definition

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.

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