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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
The estimated useful lives of property and equipment were as follows:
Estimated Useful Life
Internally developed software3 years
Computer equipment
3 years
Office equipment and furniture
5-7 years
Leasehold improvementsShorter of the useful life of the asset or the remaining term of the lease
Property and equipment, net consisted of the following:
December 31,
(in thousands)20232022
Internally developed software$60,396 $49,994 
Computer equipment34,402 30,310 
Leasehold improvements15,387 16,531 
Office equipment and furniture10,966 10,981 
Property and equipment, cost121,151 107,816 
Less: accumulated depreciation and amortization(85,108)(72,358)
Total property and equipment, net$36,043 $35,458 
Schedule of Depreciation and Amortization Expense of Property and Equipment
Depreciation and amortization expense of property and equipment was as follows:
Year Ended December 31,
(in thousands)202320222021
Depreciation and amortization expense$18,631 $16,421 $14,788