Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software

v3.3.0.814
Internally Developed Software
9 Months Ended
Sep. 30, 2015
Internally Developed Software  
Internally Developed Software

5.Internally Developed Software

 

Internally developed software consists of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

    

Estimated Useful Life

    

2015

    

2014

 

Internally developed software

 

5

years

 

$

23,359

 

$

19,577

 

Less accumulated amortization

 

 

 

 

 

(14,468)

 

 

(12,554)

 

Internally developed software, net

 

 

 

 

$

8,891

 

$

7,023

 

 

Amortization expense was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2015

    

2014

    

2015

    

2014

 

Amortization expense

 

$

682

 

$

565

 

$

1,914

 

$

1,562