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PROPERTY, EQUIPMENT AND SOFTWARE, NET
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Equipment and Software, Net
PROPERTY, EQUIPMENT AND SOFTWARE, NET
Property, equipment and software, net as of March 31, 2018 and December 31, 2017 consisted of the following (in thousands):

March 31, 2018
 
December 31,
2017
Capitalized website and internal-use software development costs
$
87,860

 
$
81,710

Leasehold improvements
77,892

 
74,236

Computer equipment
34,889

 
32,450

Furniture and fixtures
17,093

 
16,435

Telecommunication
4,197

 
3,996

Software
1,212

 
1,212

Total
223,143

 
210,039

Less accumulated depreciation
(115,254
)
 
(106,388
)
Property, equipment and software, net
$
107,889

 
$
103,651


Depreciation expense was approximately $9.1 million and $8.2 million for the three months ended March 31, 2018 and 2017, respectively.