PREMISES AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET
PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following:
(in thousands)
 
June 30,
2016
 
December 31,
2015
 
 
 
 
 
Computer hardware and software
 
$
183,490

 
$
177,010

Office equipment and other
 
25,934

 
21,720

Furniture and fixtures
 
15,338

 
14,443

Leasehold improvements
 
36,807

 
35,503

 
 
261,569

 
248,676

Less: accumulated depreciation and amortization
 
(146,993
)
 
(129,555
)
 
 
 
 
 
Total
 
$
114,576

 
$
119,121


Depreciation and amortization expense amounted to $18.3 million and $18.4 million for the six months ended June 30, 2016 and 2015, respectively ($9.1 million and $9.6 million for the second quarter of 2016 and 2015, respectively), and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the accompanying condensed consolidated statements of operations and comprehensive income.