Fixed and Intangible Assets

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

FIXED AND INTANGIBLE ASSETS

Equipment and leasehold improvements, net consists of the following:


	December 31,			December 31,
	2021			2020
Office equipment	$	15,883		$	13,267
Furniture and fixtures		14,303			10,409
Leasehold improvements		61,054			36,286
Construction in progress		—			14,943
Total		91,240			74,905
Less accumulated depreciation and amortization		(32,077	)		(24,928	)
Equipment and leasehold improvements, net	$	59,163		$	49,977

Depreciation and amortization expenses for fixed assets totaled $7,242, $4,708 and $4,965 for the years ended December 31, 2021, 2020, and 2019, respectively.

As of December 31, 2021 and December 31, 2020, there were $2,127 and $2,503 of costs capitalized, net of $744 and $256 of accumulated amortization, respectively, within prepaid expenses and other assets on our consolidated statements of financial position related to the implementation of cloud computing arrangements. The amortization expense of the capitalized costs was $488 and $256 for the twelve months ended December 31, 2021 and December 31, 2020, respectively, and was recorded within communication, technology and information services on the consolidated statements of operations.