XML 23 R13.htm IDEA: XBRL DOCUMENT v3.21.2
PREMISES AND EQUIPMENT, NET
9 Months Ended
Sep. 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)September 30,
2021
December 31,
2020
Computer hardware and software$52,682 $52,837 
Leasehold improvements9,719 14,792 
Furniture and fixtures5,049 5,882 
Office equipment and other874 1,817 
68,324 75,328 
Less: Accumulated depreciation and amortization(58,948)(63,434)
Total$9,376 $11,894 
Depreciation and amortization expense amounted to $3.5 million and $11.5 million for the nine months ended September 30, 2021 and 2020, respectively ($1.1 million and $3.8 million for the third 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)September 30,
2021
December 31,
2020
Luxembourg$4,265 $5,451 
United States4,192 5,530 
India816 822 
Uruguay103 91 
Total$9,376 $11,894