• Filing Date: 2013-03-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
Property and Equipment, net
12 Months Ended
Dec. 31, 2012
Property and Equipment, net [Abstract]  
Property and Equipment, net

Note 6 — Property and Equipment, net

Property and equipment, net consists of the following (in thousands):

 

                 
    December 31,  
    2012     2011  

Land

  $ 1,241       1,241  

Building

    5,955       5,883  

Computer hardware and software

    1,089       729  

Office and furniture and equipment

    1,131       778  

Tenant and leasehold improvements

    2,767       2,418  

Other

    251       184  
   

 

 

   

 

 

 

Total, at cost

    12,434       11,233  

Less: accumulated depreciation and amortization

    (1,581     (734
   

 

 

   

 

 

 

Property and equipment, net

  $ 10,853       10,499  
   

 

 

   

 

 

 

Depreciation and amortization expense under property and equipment was $848,000, $466,000 and $178,000, respectively, for the years ended December 31, 2012, 2011 and 2010.