PROPERTY, EQUIPMENT AND SOFTWARE, NET

9 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Equipment and Software, Net

PROPERTY, EQUIPMENT AND SOFTWARE, NET

Property, equipment and software, net as of September 30, 2017 and December 31, 2016 consisted of the following (in thousands):

	September 30, 2017			December 31, 2016
Capitalized website and internal-use software development costs	$	77,327		$	61,515
Leasehold improvements	64,209			60,101
Computer equipment	31,504			28,551
Furniture and fixtures	15,150			14,162
Telecommunication	3,852			3,457
Software	1,201			1,079
Total	193,243			168,865
Less accumulated depreciation	(98,895		)	(76,425		)
Property, equipment and software, net	$	94,348		$	92,440

Depreciation expense was approximately $9.2 million and $7.5 million for the three months ended September 30, 2017 and 2016, respectively, and approximately $25.8 million and $20.8 million for the nine months ended September 30, 2017 and 2016, respectively.