PROPERTY, SOFTWARE, AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Schedule Of Property, Software and Equipment

Property, software, and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation and amortization is recorded on a straight-line basis over the useful life of the asset, which is as follows:


Property, Software, and Equipment						Useful Life
Computer equipment						3 years
Fixture and furniture						7 years
Tenant improvements						Shorter of estimated useful life or lease term
Internally developed software						3 years

Property, software, and equipment are presented net of accumulated depreciation and amortization and summarized as follows:


	Year ended December 31,
(in thousands)	2020		2021
Tenant improvements	$	18,945	$	64,313
Internally developed software	16,992		31,142
Computer equipment	9,203		23,731
Furniture and fixtures	8,024		21,927
Construction in progress	9,756		44,343
Total	62,920		185,456
Less: accumulated depreciation and amortization	(17,086)		(39,037)
Property, software, and equipment, net	$	45,834	$	146,419