Fixed Assets, Net (Tables)

6 Months Ended

Jun. 30, 2022

Fixed Assets, Net

Fixed Assets, Net

Fixed assets are stated at cost and depreciated or amortized using the straight-line method based on useful lives as follows:

	Useful lives
	(Years)	June 30, 2022		December 31, 2021
		(in thousands)
Office equipment and software	3	$	4,100	$	4,751
Leasehold improvements	Shorter of remaining lease term or useful life		10,891		12,884
Furniture and fixtures	7		3,199		3,772
Subtotal			18,190		21,407
Less: accumulated depreciation			(17,188)		(18,126)
Fixed assets, net		$	1,002	$	3,281