Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net (Tables)

v3.20.4
Property and Equipment, Net (Tables)
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment Depreciation and amortization of property and equipment are computed on a straight-line basis over the following estimated useful lives:
Asset Classification   Estimated Useful Life
Furniture and office equipment   Five years
Computer equipment and software costs  
Three to five years
Leasehold improvements  
Lesser of term of lease or five years
Automobiles  
Five years
Land Unlimited
Property and equipment, net consisted of the following:
December 31,
  2020   2019
Furniture and office equipment $ 2,905  $ 6,108 
Computer equipment and software costs 14,531  27,380 
Leasehold improvements 2,373  4,062 
Automobiles 1,268  1,995 
Land 3,041  2,991 
Property and equipment, gross 24,118  42,536 
Less: accumulated depreciation (15,136) (32,432)
Property and equipment, net $ 8,982  $ 10,104 
The following table sets forth our depreciation expense on property and equipment:
Year Ended December 31,
Location 2020 2019 2018
Selling, general & administrative expenses $ 3,317  $ 2,987  $ 2,167