Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.20.2
Property and Equipment, Net
 9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
3.
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
 
     September 30,
2020		      December 31,
2019		  
Computer software and hardware equipment
    $ 29,704      $ 25,252  
Furniture, fixtures and equipment
      23,309        23,468  
Less: accumulated depreciation and amortization
      (29,642 )       (26,077 ) 
  
 
 
     
 
 
  
   $ 23,371      $ 22,643  
  
 
 
     
 
 
  
During the nine months ended September 30, 2020 and 2019, the Company
wrote-off
approximately $968,000 and $3.3 million, respectively, of fully depreciated computer software and hardware equipment and furniture, fixtures and equipment.
As of September 30, 2020 and 2019, property and equipment additions incurred but not yet paid included in accounts payable and other liabilities were $430,000 and $264,000, respectively.
The Company evaluates its fixed assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. As of September 30, 2020, the Company considered the impact of
COVID-19
pandemic and evaluated its property and equipment for potential indicators of impairment. The Company concluded that as of September 30, 2020, there was no indicators of impairment of its property and equipment.