Annual report pursuant to Section 13 and 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.20.4
Furniture, Equipment and Leasehold Improvements, Net
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements, Net

6. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

The following is a summary of furniture, equipment and leasehold improvements, net as of December 31, 2020 and December 31, 2019:

 

 

  

2020

 

 

2019

 

Leasehold improvements

  

$

7,936

  

 

$

7,783

  

Furniture and equipment

  

 

7,275

  

 

 

6,541

  

Artwork

  

 

502

  

 

 

502

  

Total cost

  

 

15,713

  

 

 

14,826

  

Accumulated depreciation and amortization

  

 

(10,190

)

 

 

(8,811

)

Furniture, equipment and leasehold improvements, net

  

$

5,523

  

 

$

6,015

  

 

Depreciation and amortization expense for the years ended December 31, 2020, 2019 and 2018 was $1,117, $978, and $747, respectively.

 

During 2020, the Company wrote off leased assets with a cost of $209 and accumulated depreciation of $180.  During 2019, the Company wrote off leased assets of $310 that were fully depreciated as of December 31, 2019.