PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

The following is a summary of property and equipment, less accumulated depreciation and amortization (in thousands): 

	March 31, 2020		December 31, 2019
Leasehold improvements	$	116,407	$	111,942
Computer equipment	111,010		106,469
Capitalized software	89,218		81,984
Office furniture and equipment	27,846		27,328
Total	344,481		327,723
Less: Accumulated depreciation and amortization	(193,822)		(178,529)
Property and equipment, net	$	150,659	$	149,194

Depreciation and amortization expense on property and equipment was $15.9 million and $15.5 million for the three months ended March 31, 2020 and 2019, respectively.