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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment The following table presents the useful lives of our property and equipment:
 Useful Lives
Computer equipment and software3 years
Furniture and fixtures
3 - 5 years
Leasehold improvementsShorter of the useful life of the asset or the lease term
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