Composition of Certain Financial Statement Items

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Composition of Certain Financial Statement Items

Note 6: Composition of Certain Financial Statement Items

Property and Equipment, Net

Property and equipment consist of the following as of the dates presented (in thousands):

	December 31, 2020		December 31, 2019
Computer equipment and software	$	194,678	$	167,045
Leasehold improvements	43,621		39,542
Furniture, fixtures and equipment	10,514		10,428
Telecommunications equipment and other	3,450		3,156
Construction in process	4,739		2,089
	257,002		222,260
Less: accumulated depreciation and amortization	(129,705)		(102,209)
	$	127,297	$	120,051

Depreciation and amortization expense related to property and equipment was $34.8 million, $33.3 million, and $29.5 million during the years ended December 31, 2020, 2019, and 2018, respectively.

Other Assets

Other assets consist of the following as of the dates presented (in thousands):

	December 31, 2020		December 31, 2019
Operating lease right-of-use assets	$	72,164	$	75,254
Identifiable intangible assets, net	45,012		51,371
Real estate owned	42,173		46,717
Income tax deposit	35,853		5,822
Deferred tax assets	33,202		24,134
Prepaid expenses	26,717		22,272
Service fee receivables	26,539		27,705
Other financial receivables	12,238		17,308
Other	55,264		58,640
Total	$	349,162	$	329,223