v3.8.0.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2017
Property and Equipment, Net  
Property and Equipment, Net

4. Property and Equipment, Net

        Property and equipment, net consisted of the following as of:

                                                                                                                                                                                    

 

 

December 31,
2017

 

December 31,
2016

 

 

 

(in thousands)

 

Computer hardware

 

$

8,519

 

$

3,935

 

Furniture and office equipment

 

 

5,354

 

 

2,204

 

Leasehold improvements

 

 

42,086

 

 

6,689

 

Leasehold improvements in process

 

 

194

 

 

6,864

 

​  

​  

​  

​  

Total

 

 

56,153

 

 

19,692

 

Accumulated depreciation and amortization

 

 

(7,098

)

 

(4,096

)

​  

​  

​  

​  

Property and equipment, net

 

$

49,055

 

$

15,596

 

​  

​  

​  

​  

​  

​  

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        Depreciation expense of property and equipment was $5.5 million, $1.7 million and $1.1 million for the years ended December 31, 2017, 2016 and 2015, respectively.