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Property, Equipment and Capitalized Software
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Equipment and Capitalized Software Property, Equipment and Capitalized Software
Property, equipment and capitalized software consisted of the following at December 31, 2020 and December 31, 2019:
    
(in thousands)December 31, 2020December 31, 2019
Capitalized software costs$183,208 $143,748 
Leasehold improvements54,094 71,981 
Furniture and equipment332,249 357,589 
Total569,551 573,318 
Less: Accumulated depreciation and amortization(455,961)(457,229)
Total property, equipment and capitalized software, net$113,590 $116,089 
    
Depreciation expense for property and equipment for the years ended December 31, 2020, 2019, and 2018 was approximately $37.4 million, $44.7 million, and $48.4 million, respectively, and is included within depreciation and amortization expense in the Consolidated Statements of Comprehensive Income.

The Company’s capitalized software development costs were approximately $37.0 million, $32.5 million, and $24.4 million for the years ended December 31, 2020, 2019, and 2018, respectively. The related amortization expense was approximately $29.3 million, $21.0 million, and $20.4 million for the years ended December 31, 2020, 2019, and 2018, respectively, and is included within Depreciation and amortization in the Consolidated Statements of Comprehensive Income.