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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2019
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

5.           PROPERTY AND EQUIPMENT, NET

 

The components of property and equipment are as follows:

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

    

2018

    

2019

 

 

 

 

 

 

 

Leasehold improvements

 

$

3,688

 

 

3,684

Furniture, fixtures and office equipment

 

 

2,852

 

 

2,739

Software and IT equipment

 

 

2,736

 

 

2,438

Vehicles

 

 

1,760

 

 

1,698

Property and equipment, gross

 

 

11,036

 

 

10,559

Less: Accumulated depreciation

 

 

(7,384)

 

 

(7,057)

Property and equipment, net

 

$

3,652

 

 

3,502

 

Depreciation expenses incurred for the years ended December 31, 2017, 2018 and 2019 are $764, $572 and $1,254, respectively.