PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following:



	Weighted Average Useful Life (in years)	As of December 31, 2019			As of December 31, 2018
Computer hardware	3	$	96,286		$	74,884
Buildings	47	51,300			34,458
Purchased computer software	3	32,115			10,406
Leasehold improvements	8	30,634			25,036
Furniture, fixture and other equipment	7	28,193			21,544
Office equipment	6	18,901			13,203
Land improvements	18	2,137			1,474
		259,566			181,005
Less accumulated depreciation and amortization		(94,307		)	(78,359		)
Total		$	165,259		$	102,646

Depreciation and amortization expense related to property and equipment was $35,379, $28,539 and $21,000 during the years ended December 31, 2019, 2018 and 2017, respectively.

On November 1, 2019, the Company acquired an office building in Minsk, Belarus for $18,904, excluding refundable VAT. The acquired building is intended to be used in the Company’s normal operations as office space for its employees; however, a portion of the building was leased to third parties under operating lease agreements prior to the Company’s purchase and the Company will continue leasing under those agreements (see Note 7 “Leases”). In addition to this building, the Company has other assets which generate lease income. The gross amount of such assets including the leased portion of the Minsk building was $10,654 and the associated accumulated depreciation was $101 as of December 31, 2019. Depreciation expense associated with these assets held under operating leases was $42 for the year ended December 31, 2019. There were no material assets held under operating leases as of December 31, 2018.