Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

7. Property and Equipment

Property and equipment consist of the following (in thousands):

	Estimated  useful lives (years)	December 31, 2021		December 31, 2020
Information technology	2 – 5	$	6,534	$	5,821
Furniture and fixtures	2 – 5	957		957
Total		7,491		6,778
Accumulated depreciation		(3,230)		(3,424)
Property and equipment—net		$	4,261	$	3,354

Information technology assets include software and consultant time used in the application, development and implementation of various systems including customer billing and resource management systems. As of each of December 31, 2021 and 2020, information technology includes $0.2 million and $0.7 million, respectively, of costs associated with assets not yet placed into service.

Depreciation expense recorded in the consolidated statements of operations was $1.8 million, $2.1 million and $2.3 million for the years ended December 31, 2021, 2020 and 2019, respectively.