Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

Furniture, Equipment and Leasehold Improvements

Furniture, Equipment and Leasehold Improvements consisted of the following as of December 31, 2022 and 2021:

	December 31,
	2022		2021
Furniture and Equipment	$	89,208	$	81,595
Leasehold Improvements	187,045		180,610
Computer and Technology-related	54,092		52,241
Total	330,345		314,446
Less: Accumulated Depreciation and Amortization	(187,077)		(165,857)
Furniture, Equipment and Leasehold Improvements, Net	$	143,268	$	148,589

Depreciation and amortization expense for Furniture, Equipment and Leasehold Improvements totaled $27,377, $27,737 and $24,640 for the years ended December 31, 2022, 2021 and 2020, respectively.

In addition, the Company recognized Special Charges, Including Business Realignment Costs, of $3,320 for the year ended December 31, 2020, 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. 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 $11,437 and $9,419 as of December 31, 2022 and 2021, respectively. Amortization expense for capitalized costs associated with cloud computing arrangements was $1,670 and $1,245 for the years ended December 31, 2022 and 2021, respectively, included within Communications and Information Services on the Consolidated Statements of Operations.