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PREMISES AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following as of December 31:
(in thousands)20202019
Computer hardware and software$52,837 $144,608 
Leasehold improvements14,792 23,800 
Furniture and fixtures5,882 8,775 
Office equipment and other1,817 4,004 
 75,328 181,187 
Less: Accumulated depreciation and amortization(63,434)(156,661)
Total$11,894 $24,526 
Depreciation and amortization expense amounted to $14.9 million, $18.5 million and $30.8 million for the years ended December 31, 2020, 2019 and 2018, respectively, and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the consolidated statements of operations and comprehensive loss.
Premises and equipment, net consist of the following, by country, as of December 31:
(in thousands)20202019
United States$5,530 $13,426 
Luxembourg5,451 10,295 
India822 671 
Uruguay91 39 
Philippines— 95 
Total$11,894 $24,526