PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Property and equipment consists of the following (in thousands):

	December 31,
	2015			2016
Leasehold improvements	$	49,752		$	53,073
Furniture, office equipment and vehicles	38,129			45,035
Computer hardware and software	56,656			64,577
Property and equipment, gross	144,537			162,685
Accumulated depreciation and amortization	(56,226		)	(75,117		)
Property and equipment, net	$	88,311		$	87,568

Depreciation expense for property and equipment was approximately $15 million, $20 million and $24 million for the years ended December 31, 2014, 2015 and 2016, respectively.