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Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2020
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment consisted of the following (in thousands):

 

 

 

Useful life

 

 

As of

 

 

As of

 

 

 

in years

 

 

September 30, 2020

 

 

December 31, 2019

 

Furniture and equipment

 

 

5

 

 

$

1,999

 

 

$

1,785

 

Leasehold improvements (1)

 

 

9

 

 

 

4,864

 

 

 

4,074

 

System hardware

 

 

5

 

 

 

533

 

 

 

1,596

 

Office computers

 

 

3

 

 

 

5,794

 

 

 

5,309

 

Computer and system software

 

 

3

 

 

 

667

 

 

 

1,451

 

 

 

 

 

 

 

 

13,857

 

 

 

14,215

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

(6,603

)

 

 

(7,931

)

Property and equipment, net

 

 

 

 

 

$

7,254

 

 

$

6,284

 

 

(1)

Lesser of the lease term or the estimated useful lives of the improvements, which may generally be up to 9 years.