Property and Equipment

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property and equipment consist of the following amounts as of:



	Estimated useful lives	June 30, 2015			December 31, 2014
	(years)	(In thousands)
Information technology	2 – 5	$	26,616		$	25,588
Leasehold improvements	2 – 5	4,568			4,568
Furniture and fixtures	2 – 5	1,007			998
Total		32,191			31,154
Accumulated depreciation		(27,743		)	(26,933		)
Property and equipment—net		$	4,448		$	4,221

Information technology assets include software and consultant time used in the application, development and implementation of various systems including customer billing and resource management systems. As of June 30, 2015 and December 31, 2014, information technology includes $0.5 million and $0.4 million, respectively, of costs associated with assets not yet placed into service.

Depreciation expense recorded in the condensed combined and consolidated statements of operations was $0.4 million and $1.0 million for the three months ended June 30, 2015 and 2014, respectively and $0.8 million and $1.9 million for the six months ended June 30, 2015 and 2014, respectively.