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 summarizes our property and equipment (in thousands):

	March 31, 2020			December 31, 2019
Computer hardware	$	11,851		$	11,604
Furniture and equipment	3,590			3,649
Internal-use software development costs	119,801			112,501
Leasehold improvements	12,338			12,415
Total property and equipment	147,580			140,169
Accumulated depreciation and amortization expenses	(61,772		)	(55,014		)
Total property and equipment, net	$	85,808		$	85,155

The Company capitalized $7.3 million and $8.7 million of internal-use software development costs for the three months ended March 31, 2020 and 2019, respectively. The net book value of capitalized internal-use software development costs was $76.6 million and $74.9 million as of March 31, 2020 and December 31, 2019, respectively.

Depreciation expense related to property and equipment was $6.8 million and $5.2 million for the three months ended March 31, 2020 and 2019, respectively, of which amortization expense related to capitalized internal-use software development costs was $5.6 million and $4.1 million, respectively.