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Fixed Assets, Net
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net Fixed Assets, Net
Fixed assets, net consisted of the following (in thousands):
June 30, 2021December 31, 2020
Leasehold improvements, furniture and fixtures, and other fixed assets$151,267 $126,428 
Software, including software development costs32,019 30,928 
Computer and communications equipment26,693 26,168 
Total, cost209,979 183,524 
Accumulated depreciation and amortization(96,631)(87,157)
Total, net$113,348 $96,367 
 
Depreciation expense for the three months ended June 30, 2021 and 2020 was $5.8 million and $3.4 million, respectively, and $10.1 million and $8.3 million for the six months ended June 30, 2021 and 2020, respectively. Newmark did not record impairment for the three and six months ended June 30, 2021 and 2020.

Capitalized software development costs for the three months ended June 30, 2021 and 2020 was $0.0 million and $0.8 million, respectively, and $0.6 million and $2.1 million for the six months ended June 30, 2021 and 2020, respectively. Amortization of software development costs totaled $0.3 million and $0.2 million for the three months ended June 30, 2021 and 2020, respectively, and $0.6 million and $0.6 million for the six months ended June 30, 2021 and 2020, respectively. Amortization of software development costs is included as part of “Depreciation and amortization” on the accompanying unaudited condensed consolidated statements of operations.