PROPERTY, SOFTWARE AND EQUIPMENT, NET (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

SCHEDULE OF PROPERTY, SOFTWARE AND EQUIPMENT

Property, software and equipment are presented net of accumulated depreciation and amortization and summarized as follows:

	December 31,		June 30,
(in thousands)	2020		2021
Computer equipment	$	9,203	$	17,459
Furniture and fixtures	8,024		14,764
Tenant improvements	18,945		38,426
Internally developed software	16,992		18,943
Construction in progress	9,756		7,266
Total	62,920		96,858
Less: accumulated depreciation and amortization	(17,086)		(25,780)
Property, software and equipment, net	$	45,834	$	71,078

Depreciation and amortization is recorded on a straight-line basis over the useful life of the asset, which is as follows:

Property, Software, and Equipment	Useful Life
Computer equipment	3 years
Furniture and fixtures	7 years
Tenant improvements	Shorter of estimated useful life or lease term
Internally developed software	3 years

Property, software and equipment are recorded net of accumulated depreciation and summarized by as follows:

	December 31,
(in thousands)	2019		2020
Computer equipment	$	4,980	$	9,203
Furniture and fixtures	3,761		8,024
Tenant improvements	9,522		18,945
Internally developed software	12,029		16,992
Construction in progress	2,957		9,756
Total	33,249		62,920
Less: accumulated depreciation and amortization	(7,948)		(17,086)
Property, software and equipment, net	$	25,301	$	45,834