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Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment
(7)    Property and Equipment
Property and equipment are recorded at cost and consist of the following:
 December 31,December 31,
 20242023
 (in thousands)
Computer equipment and software$28,789 $26,442 
Furniture and fixtures 10,960 10,850 
Leasehold improvements57,051 56,151 
Total96,800 93,443 
Less accumulated depreciation(64,555)(53,801)
Property and equipment, net$32,245 $39,642 
We recorded depreciation expense of $11.1 million, $14.0 million and $13.6 million for the years ended December 31, 2024, 2023 and 2022, respectively.