Property and Equipment

6 Months Ended

Jun. 30, 2020

Property Plant And Equipment [Abstract]

Property and Equipment

5. Property and Equipment

As of June 30, 2020 and December 31, 2019, property and equipment consisted of the following:

(in thousands)	June 30, 2020			December 31, 2019
Computer equipment	$	23,091		$	23,155
Leasehold improvements		54,209			55,224
Furniture, fixtures, and other assets		11,210			11,411
Gross property and equipment		88,510			89,790
Less: Accumulated depreciation		(61,849	)		(54,718	)
Property and equipment, net	$	26,661		$	35,072

Depreciation expense was $4.2 million and $8.6 million during the three and six months ended June 30, 2020, respectively, and $4.4 million and $8.7 million during the three and six months ended June 30, 2019, respectively.