PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NETThe following is a summary of property and equipment, less accumulated depreciation and amortization (in thousands):

	December 31, 2021		December 31, 2020
Leasehold improvements	$	208,228	$	168,125
Computer equipment	174,004		139,174
Capitalized software	116,827		119,452
Office furniture and equipment	42,393		34,890
Total	541,452		461,641
Less: Accumulated depreciation and amortization	(259,312)		(228,121)
Property and equipment, net	$	282,140	$	233,520

Depreciation and amortization expense on property and equipment was $94.2 million, $65.0 million, and $60.6 million, for the years ended December 31, 2021, 2020, and 2019, respectively.