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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net, consisted of the following:
As of December 31,
20242023
(in thousands)
Computer hardware and software$67,796 $67,989 
Buildings21,486 21,486 
Leasehold improvements450,826 332,721 
Furniture and equipment214,619 162,476 
Construction in progress63,284 90,038 
Total818,011 674,710 
Less: accumulated depreciation(328,923)(264,384)
Property and equipment, net$489,088 $410,326 
Depreciation on property and equipment was $98.0 million, $87.3 million, and $69.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. Noncash property and equipment additions in accounts payable, accrued expenses and other current liabilities were $29.3 million, $44.5 million, and $28.0 million for the years ended December 31, 2024, 2023, and 2022, respectively