Fixed Assets, Net

9 Months Ended

Sep. 30, 2019

Property Plant And Equipment [Abstract]

(17)	Fixed Assets, Net

Fixed assets, net consisted of the following (in thousands):

	September 30, 2019			December 31, 2018
Leasehold improvements and other fixed assets	$	114,382		$	99,207
Software, including software development costs		29,598			21,417
Computer and communications equipment		20,977			16,605
		164,957			137,229
Accumulated depreciation and amortization		(71,113	)		(58,424	)
Total	$	93,844		$	78,805

Depreciation expense for the three months ended September 30, 2019 and 2018 was $4.4 million and $3.6 million, respectively, and $13.7 million and $10.0 million for the nine months ended September 30, 2019 and 2018, respectively. Depreciation expense is included as a part of “Depreciation and amortization” on the accompanying unaudited condensed consolidated statements of operations.

Capitalized software development costs for the three months ended September 30, 2019 and 2018 was $0.6 million and $0.5 million, respectively, and $2.9 million and $1.5 million for the nine months ended September 30, 2019 and 2018, respectively. Amortization of software development costs totaled $0.6 million and $0.2 million for the three months ended September 30, 2019 and 2018, respectively, and $1.8 million and $0.6 million for the nine months ended September 30, 2019 and 2018, respectively. Amortization of software development costs is included as part of “Depreciation and amortization” on the accompanying unaudited condensed consolidated statements of operations.