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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property and Equipment  
Property and Equipment

Property and equipment consist of the following (in thousands):

As of December 31, 

Depreciable Life

2022

2021

Leasehold improvements

Shorter of estimated useful life or life of lease

$

8,335

$

5,989

Office furniture, fixtures and equipment

2 - 10 years

12,404

16,115

Total property and equipment

20,739

22,104

Less accumulated depreciation

(10,946)

(9,418)

Total property and equipment, net

$

9,793

$

12,686