3.Property and Equipment

Property and equipment consisted of the following as of:

	March 31, 2016			December 31, 2015
	(in thousands)
Computer hardware	$	3,014		$	2,911
Furniture and office equipment	1,677			1,666
Leasehold improvements	1,838			1,837
Leasehold improvements in process	257			—

Total	6,786			6,414
Accumulated depreciation and amortization	(3,182		)	(2,793		)

Property and equipment, net	$	3,604		$	3,621

Depreciation and amortization expense of property and equipment was $0.3 million and $0.2 million for the three months ended March 31, 2016 and 2015, respectively.

As of March 31, 2016, the estimated future depreciation and amortization expense for property and equipment is as follows (in thousands):

2016	$	1,144
2017	918
2018	696
2019	413
2020	161
Thereafter	15

Total	$	3,347