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PREMISES AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following:
(in thousands)June 30,
2021
December 31,
2020
Computer hardware and software$52,458 $52,837 
Leasehold improvements10,760 14,792 
Furniture and fixtures5,251 5,882 
Office equipment and other1,193 1,817 
69,662 75,328 
Less: Accumulated depreciation and amortization(59,466)(63,434)
Total$10,196 $11,894 
Depreciation and amortization expense amounted to $2.3 million and $7.7 million for the six months ended June 30, 2021 and 2020, respectively ($1.2 million and $3.6 million for the second quarter of 2021 and 2020, respectively), and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the accompanying condensed consolidated statements of operations and comprehensive loss.
Premises and equipment, net consist of the following, by country:
(in thousands)June 30,
2021
December 31,
2020
United States$4,633 $5,530 
Luxembourg4,658 5,451 
India792 822 
Uruguay113 91 
Total$10,196 $11,894