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PREMISES AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2021
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)20212020
Computer hardware and software$50,452 $52,837 
Leasehold improvements5,927 14,792 
Furniture and fixtures4,441 5,882 
Office equipment and other811 1,817 
 61,631 75,328 
Less: Accumulated depreciation and amortization(54,758)(63,434)
Total$6,873 $11,894 
Depreciation and amortization expense amounted to $4.6 million and $14.9 million for the years ended December 31, 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 consolidated statements of operations and comprehensive income (loss).
Premises and equipment, net consist of the following, by country, as of December 31:
(in thousands)20212020
Luxembourg$3,883 $5,451 
United States1,932 5,530 
India999 822 
Uruguay59 91 
Total$6,873 $11,894