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Property and Equipment, Net
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

4. Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands, except useful life):

 

 

 

 

As of December 31,

 

 

Useful Life in years

 

2020

 

 

 

2019

 

Furniture and fixtures

5 – 7

 

$

4,106

 

 

 

$

2,501

 

Computers and equipment

3 – 8

 

 

7,659

 

 

 

 

7,216

 

Leasehold improvements

Shorter of remaining lease term or useful life

 

 

19,376

 

 

 

 

19,467

 

 

 

 

 

31,141

 

 

 

 

29,184

 

Less: Accumulated depreciation and amortization

 

 

 

(14,085

)

 

 

 

(6,443

)

 

 

 

$

17,056

 

 

 

$

22,741

 

 

Depreciation and amortization expense for year ended December 31, 2020 (Successor), for the periods from March 20, 2019 to December 31, 2019 (Successor), January 1, 2019 to March 19, 2019 (Predecessor) and for the year ended December 31, 2018 (Predecessor) was $7.6 million, $6.4 million, $1.2 million and $6.5 million, respectively.