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Property and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

(6) Property and Equipment

Property and equipment (in thousands) consisted of the following, as of:

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Corporate aircraft and related equipment

 

$

48,645

 

 

$

48,645

 

Computer equipment and purchased software

 

 

60,979

 

 

 

60,375

 

Furniture and equipment

 

 

9,920

 

 

 

9,936

 

Leasehold improvements

 

 

29,944

 

 

 

28,755

 

Internally developed software

 

 

9,917

 

 

 

9,917

 

Property and equipment, gross

 

 

159,405

 

 

 

157,628

 

Less: accumulated depreciation and amortization

 

 

(130,464

)

 

 

(125,317

)

Property and equipment, net

 

$

28,941

 

 

$

32,311

 

Depreciation and amortization expenses related to property and equipment were $6.4 million, $6.7 million, and $8.7 million for the years ended December 31, 2023, 2022, and 2021, respectively.