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Property and Equipment
 12 Months Ended
Dec. 31, 2022
Property Plant And Equipment [Abstract]  
Property and Equipment

5.

PROPERTY AND EQUIPMENT

Property and equipment, net consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Leasehold improvements

 

$

28,023

 

 

$

25,529

 

Building improvements

 

 

6,311

 

 

 

6,311

 

Furniture and fixtures

 

 

11,679

 

 

 

10,339

 

Computers and equipment

 

 

18,264

 

 

 

14,772

 

Purchased software

 

 

859

 

 

 

771

 

Property and equipment

 

 

65,136

 

 

 

57,722

 

Less: accumulated depreciation and amortization

 

 

(25,943

)

 

 

(20,885

)

Property and equipment, net

 

$

39,193

 

 

$

36,837

 

 

Depreciation and amortization expense was $11.1 million, $7.8 million, and $6.9 million for the years ended December 31, 2022, 2021, and 2020, respectively.