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Fixed Assets and Capitalized Software (Tables)
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
The remaining useful lives of fixed assets and capitalized software are reviewed annually for reasonableness. Fixed assets and capitalized software are depreciated on a straight-line basis over the estimated useful lives of the assets, which are presented in the following table:
 Estimated
Useful Lives
Buildings and building improvements
8 - 30 years
Leasehold improvements(1)
1 - 8 years
Computer and data processing equipment
3 years
Furniture and fixtures
7 years
Capitalized software
1.5 - 5 years
Other
3 - 7 years
(1)    Leasehold improvements are depreciated at the shorter of their estimated useful lives or the lease term. See Note 8, Fixed Assets and Capitalized Software.
The following table sets forth the components of the Company's fixed assets and capitalized software:
(in thousands)December 31, 2021December 31, 2020
Capitalized software$110,769 $68,444 
Assets under leaseback obligations(1)
— 54,676 
Computer and data processing equipment34,618 35,165 
Land, buildings and building improvements— 1,082 
Furniture and fixtures550 1,086 
Leasehold improvements755 859 
Other99 6,043 
Fixed assets and capitalized software$146,791 $167,355 
Less: accumulated depreciation and amortization95,853 78,311 
Total fixed assets and capitalized software, net$50,938 $89,044 
(1)Consists of a failed sale-leaseback liability related to a building and land in Tucker, Georgia. See Note 11, Debt Obligations.

Depreciation and amortization expense associated with the Company's fixed assets and capitalized software was as follows:
 Years Ended December 31,
(in thousands)202120202019
Amortization of capitalized software$24,886 $20,718 $25,913 
Depreciation of fixed assets(1)
8,452 10,192 14,007 
Total depreciation and amortization expense$33,338 $30,910 $39,920 

(1)Includes depreciation expense associated with assets held under leaseback obligations of $0.7 million for the year ended December 31, 2021, and $1.7 million for each of the years ended December 31, 2020 and 2019, respectively.