General form of registration statement for all companies including face-amount certificate companies

Property and Equipment

v3.21.2
Property and Equipment
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Property, Plant and Equipment [Abstract]    
Property and Equipment

5. Property and Equipment, net

Property and equipment, net consists of the following:

(in thousands)

  

June 30,
2021
(unaudited)

  

December 31, 2020
(unaudited)

Computer hardware, software and equipment

  

$

5,893

 

  

$

5,557

 

Leasehold improvements

  

 

2,184

 

  

 

2,186

 

Furniture and fixtures

  

 

272

 

  

 

271

 
   

 

8,349

 

  

 

8,014

 

Less: accumulated depreciation

  

 

(7,385

)

  

 

(7,022

)

Property and equipment, net

  

$

964

 

  

$

992

 

The Company recorded depreciation and amortization expense of $0.2 million during each of the three months ended June 30, 2021 and 2020 and $0.4 million during each of the six months ended June 30, 2021 and 2020.

5. Property and Equipment

Property and equipment consists of the following:

 

December 31,
   

2020

  

2019

Computer hardware, software and equipment

  

$

5,557,034

 

  

$

5,039,545

 

Leasehold improvements

  

 

2,186,239

 

  

 

2,072,006

 

Furniture and fixtures

  

 

270,943

 

  

 

262,865

 
   

 

8,014,216

 

  

 

7,374,416

 

Less: accumulated depreciation and amortization

  

 

(7,021,842

)

  

 

(6,161,390

)
   

$

992,374

 

  

$

1,213,026

 

The Company recorded depreciation and amortization expense of $867,000 and $949,006 during the years ended December 31, 2020 and 2019, respectively.