Fixed Assets, Net (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Summary of Components of Fixed Assets, Net

Fixed assets are depreciated over their estimated useful lives as follows:

Leasehold improvements and other fixed assets	shorter of the remaining term of lease or useful life
Software, including software development costs	3-5 years straight-line
Computer and communications equipment	3-5 years straight-line

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

	December 31, 2022		December 31, 2021
Leasehold improvements, furniture and fixtures, and other fixed assets	$	207,020	$	184,704
Software, including software development costs	48,112		32,851
Computer and communications equipment	31,586		27,382
Total, cost	286,718		244,937
Accumulated depreciation and amortization	(131,079)		(109,181)
Total, net	$	155,639	$	135,756