v2.3.0.11
Property and equipment
6 Months Ended
Jun. 30, 2011
Property and equipment  
Property and equipment

5. Property and equipment

 

Property and equipment consisted of the following:

 

 

 

June 30,
2011

 

December 31,
2010

 

 

 

(in thousands)

 

Leasehold improvements

 

$

49,165

 

$

45,187

 

Construction in progress

 

12,077

 

9,098

 

Computer equipment

 

6,009

 

5,112

 

Software

 

4,914

 

4,303

 

Office equipment

 

392

 

289

 

Total property and equipment

 

72,557

 

63,989

 

Less: accumulated depreciation and amortization

 

(33,304

)

(27,965

)

Total property and equipment, net

 

$

39,253

 

$

36,024

 

 

Depreciation and amortization expense is allocated as follows on the accompanying unaudited condensed consolidated statements of operations:

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

Network access

 

$

1,927

 

$

1,104

 

$

3,659

 

$

2,207

 

Network operations

 

620

 

325

 

1,178

 

649

 

Development and technology

 

237

 

240

 

439

 

543

 

Selling and marketing

 

6

 

5

 

14

 

9

 

General and administrative

 

20

 

89

 

49

 

160

 

Total depreciation and amortization of property and equipment

 

$

2,810

 

$

1,763

 

$

5,339

 

$

3,568