Property and equipment consisted of the following (in thousands):

                                                                                                                                                                                    

 

 

As of December 31,

 

 

 

2016

 

2015

 

Capitalized software development costs

 

$

28,661

 

$

16,030

 

Leasehold improvements

 

 

14,063

 

 

568

 

Office equipment

 

 

5,729

 

 

2,662

 

Furniture and fixtures

 

 

1,576

 

 

393

 

Software

 

 

968

 

 

755

 

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​  

​  

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Total property and equipment

 

 

50,997

 

 

20,408

 

Less: accumulated depreciation and amortization

 

 

(13,445

)

 

(6,350

)

​  

​  

​  

​  

Total property and equipment, net

 

$

37,552

 

$

14,058

 

​  

​  

​  

​  

​  

​  

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