3.Property and Equipment

Property and equipment consisted of the following as of:

	June 30, 2016			December 31, 2015
	(in thousands)
Computer hardware	$	3,180		$	2,911
Furniture and office equipment	1,722			1,666
Leasehold improvements	1,846			1,837
Leasehold improvements in process	823			—

Total	7,571			6,414
Accumulated depreciation and amortization	(3,577		)	(2,793		)

Property and equipment, net	$	3,994		$	3,621

Depreciation and amortization expense of property and equipment was $0.4 million and $0.3 million for the three months ended June 30, 2016 and 2015, respectively. Depreciation and amortization expense of property and equipment was $0.8 million and $0.5 million for the six months ended June 30, 2016 and 2015, respectively.

As of June 30, 2016, the estimated future depreciation and amortization expense for property and equipment placed in service is as follows (in thousands):

2016	$	786
2017	974
2018	753
2019	449
2020	185
Thereafter	24

Total	$	3,171