Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

Furniture, Equipment and Leasehold Improvements

Furniture, Equipment and Leasehold Improvements consisted of the following:

	December 31,
	2020		2019
Furniture and Equipment	$	77,558	$	64,153
Leasehold Improvements	163,993		133,820
Computer and Technology-related	46,853		46,213
Total	288,404		244,186
Less: Accumulated Depreciation and Amortization	(139,572)		(117,387)
Furniture, Equipment and Leasehold Improvements, Net	$	148,832	$	126,799

Depreciation and amortization expense for Furniture, Equipment and Leasehold Improvements totaled $24,640, $22,946 and $17,855 for the years ended December 31, 2020, 2019 and 2018, respectively. In addition, the Company recognized Special Charges, Including Business Realignment Costs, of $3,320, $4,370 and $2,058 for the years ended December 31, 2020, 2019 and 2018, respectively, related to the acceleration of depreciation expense for leasehold improvements and certain other fixed assets in conjunction with the expansion of the Company's headquarters in New York and the Company's business realignment initiatives. See Note 6 for further information. The Company also recorded $480 in Special Charges, Including Business Realignment Costs, on the Consolidated Statement of Operations for the year ended December 31, 2020, for charges related to the impairment of leasehold improvements resulting from the wind-down of the Company's businesses in Mexico. See Notes 5 and 6 for further information.

Other Assets on the Consolidated Statements of Financial Condition includes capitalized costs associated with cloud computing arrangements of $7,033 as of December 31, 2020.