Property and Equipment

12 Months Ended

Dec. 31, 2020

Property and Equipment

Property and Equipment

Note 9 – Property and Equipment

The major classes of property and equipment are as follows:

in thousands	December 31, 2020		December 31, 2019
Office equipment and software	$	13,540	$	14,595
Leasehold improvements		10,593		9,417
Furniture and fixtures		3,827		3,717
Total		27,960		27,729
Accumulated depreciation		(16,125)		(16,275)
Property and equipment, net	$	11,835	$	11,454

Depreciation expense was $2.9 million, $2.1 million, and $2.3 million for the years ended December 31, 2020, 2019, and 2018, respectively.