RealPage, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Estimated Useful Lives of Property, Equipment and Software

Property, equipment and software are recorded at cost less accumulated depreciation and amortization, which are computed using the straight-line method over the following estimated useful lives:



Leasehold improvements	1-10 years
Data processing and communications equipment	1-10 years
Furniture, fixtures and other equipment	1- 5 years
Software	1- 5 years

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:



	December 31,
	2013		2012
	(in thousands)
Accrued compensation, payroll taxes and benefits	$	8,145	$	9,101
Capital leases	562		—
Current portion of liabilities related to acquisitions	4,216		2,056
Other current liabilities	10,199		8,089
Total accrued expenses and other current liabilities	$	23,122	$	19,246

Other Long-Term Liabilities

Other long-term liabilities consisted of the following:



	December 31,
	2013		2012
	(in thousands)
Capital leases	$	866	$	—
Long-term liabilities related to acquisitions, less current portion	3,736		786
Other long-term liabilities	3,962		2,027
Total other long-term liabilities	$	8,564	$	2,813