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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2016
PROPERTY AND EQUIPMENT

7. PROPERTY AND EQUIPMENT

 

     December 31,  
(in thousands)    2016      2015  

Leasehold improvements

    $ 32,852      $ 29,501  

Computer equipment

      21,522        18,369  

Furniture and fixtures

      6,127        5,211  

Computer software purchased

      6,083        5,847  

Computer software developed for internal use

      12,069        721  

Fixed assets in progress

      772        2,173  
  

 

 

     

 

 

  
     79,425        61,822  

Less: accumulated depreciation and amortization

      (41,144 )       (30,503 ) 
  

 

 

     

 

 

  

Property and equipment, net

    $ 38,281      $ 31,319  
  

 

 

     

 

 

  

Depreciation expense was approximately $11.2 million, $10.6 million, and $9.3 million, for the years ended December 31, 2016, 2015, and 2014, respectively.