XML 33 R15.htm IDEA: XBRL DOCUMENT v3.20.4
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment are recorded at cost and consist of the following:
 As of December 31,
 20202019
 (in thousands)
Computer equipment and software$13,438 $13,106 
Furniture and fixtures 9,655 7,522 
Leasehold improvements50,336 44,050 
Total73,429 64,678 
Less accumulated depreciation(20,315)(14,008)
Property and equipment, net$53,114 $50,670 
In 2020, we disposed of $3.6 million, $0.7 million and $0.4 million of computer equipment and software, leasehold improvements and furniture and fixtures, respectively, of fully depreciated assets which were no longer in use.
We recorded depreciation expense of $11.0 million, $9.0 million and $6.5 million in 2020, 2019 and 2018, respectively.