Furniture, Equipment and Leasehold Improvements, Net

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Furniture, Equipment and Leasehold Improvements, Net

Furniture, Equipment and Leasehold Improvements, Net

Furniture, equipment and leasehold improvements, net consist of:

	December 31,
	2020		2019
	(in thousands)
Furniture and equipment	$	556,966	$	575,378
Leasehold improvements	284,080		266,365
	841,046		841,743
Less: Accumulated depreciation and amortization	(693,172)		(696,492)
Furniture, equipment and leasehold improvements, net	$	147,874	$	145,251

Depreciation and amortization expense on furniture, equipment and leasehold improvements were $39.2 million, $38.1 million and $34.2 million for the years ended December 31, 2020, 2019 and 2018, respectively.