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PROPERTY, EQUIPMENT AND SOFTWARE, NET
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, Equipment and Software, Net
PROPERTY, EQUIPMENT AND SOFTWARE, NET
Property, equipment and software, net as of September 30, 2018 and December 31, 2017 consisted of the following (in thousands):

September 30, 2018
 
December 31, 2017
Capitalized website and internal-use software development costs
$
102,004

 
$
81,710

Leasehold improvements
79,589

 
74,236

Computer equipment
40,129

 
32,450

Furniture and fixtures
17,351

 
16,435

Telecommunication
4,554

 
3,996

Software
1,515

 
1,212

Total
245,142

 
210,039

Less accumulated depreciation
(134,243
)
 
(106,388
)
Property, equipment and software, net
$
110,899

 
$
103,651


Depreciation expense was approximately $9.8 million and $9.2 million for the three months ended September 30, 2018 and 2017, respectively, and approximately $28.6 million and $25.8 million for the nine months ended September 30, 2018 and 2017, respectively.