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Property and Equipment, net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
7. Property and Equipment, net

Property and equipment, net consisted of the following as of June 30, 2022 and December 31, 2021 (in thousands):

June 30, 2022December 31, 2021
Leasehold improvements$42,892 $41,005 
Office furniture and fixtures3,224 2,536 
Computer hardware7,675 6,001 
Computer software1,353 1,353 
Equipment240 124 
Property and equipment, gross55,384 51,019 
Less: accumulated depreciation(16,845)(14,106)
Property and equipment, net$38,539 $36,913 

Depreciation expense totaled $1.4 million and $2.8 million for the three and six months ended June 30, 2022, respectively. Depreciation expense totaled $1.2 million and $2.4 million for the three and six months ended June 30, 2021, respectively. We had no disposals or retirements and recorded no gains or losses on disposal during each of the three and six months ended June 30, 2022 and 2021.