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Property and Equipment
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment
(7)    Property and Equipment
Property and equipment are recorded at cost and consist of the following:
 December 31,December 31,
 20232022
 (in thousands)
Computer equipment and software$26,442 $24,568 
Furniture and fixtures 10,850 11,823 
Leasehold improvements (1)
56,151 66,180 
Total93,443 102,571 
Less accumulated depreciation(53,801)(44,680)
Property and equipment, net$39,642 $57,891 
(1) As of December 31, 2023, leasehold improvements with a net book value of $8.6 million were recorded as an impairment of long-lived assets related to certain idle office space at our corporate headquarters in Boston, Massachusetts and idle office space in Los Angeles, California, and Toronto, Canada. Refer to Note 12, Leases, for further details on the impairment of long-lived assets.
We recorded depreciation expense of $14.0 million, $13.6 million and $12.3 million in 2023, 2022 and 2021, respectively.