Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.19.3.a.u2
Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
3.
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
 
December 31,
 
 
     2019     
   
     2018     
 
Computer software and hardware equipment
  $
25,252
    $
20,427
 
Furniture, fixtures and equipment
   
23,468
     
24,227
 
Less: accumulated depreciation and amortization
   
(26,077
)    
(25,104
)
                 
  $
 
 
 
 
22,643
    $
 
 
 
 
19,550
 
                 
During the years ended December 31, 2019 and 2018, the Company
wrote-off
approximately $5.0 million and $1.4 million, respectively, of fully depreciated computer software and hardware equipment and furniture, fixtures and equipment.
As of December 31, 2019 and 2018, noncash investing activity related to property and equipment additions incurred but not yet paid included in accounts payable and other liabilities were $619,000 and $246,000, respectively.