Annual report pursuant to Section 13 and 15(d)

Other Assets

v3.21.1
Other Assets
 12 Months Ended
Dec. 31, 2020
Other Assets [Abstract]  
Other Assets

NOTE 5 - OTHER ASSETS

Other assets consisted of the following at December 31, 2020 and 2019:

 

 

 

2020

 

 

2019

 

Prepaid expenses

 

$

16,652

 

 

$

11,274

 

Company owned life insurance

 

 

29,910

 

 

 

21,908

 

Property and equipment, net

 

 

14,773

 

 

 

9,835

 

Right-of-use assets

 

 

87,508

 

 

 

—

 

Income tax receivable

 

 

—

 

 

 

1,015

 

Due from affiliates

 

 

—

 

 

 

2,600

 

Real estate owned

 

 

1,354

 

 

 

8,998

 

Trading securities

 

 

78

 

 

 

93

 

Total other assets

 

$

150,275

 

 

$

55,723

 

 

Property and equipment consisted of the following at December 31, 2020 and 2019:

 

 

 

2020

 

 

2019

 

Computer equipment

 

$

22,946

 

 

$

22,546

 

Furniture and equipment

 

 

18,301

 

 

 

16,404

 

Leasehold improvements

 

 

12,307

 

 

 

5,395

 

Internal-use software in production

 

 

1,716

 

 

 

1,155

 

Internal-use software

 

 

5,639

 

 

 

3,476

 

Property and equipment, gross

 

 

60,909

 

 

 

48,976

 

Accumulated depreciation

 

 

(46,136

)

 

 

(39,141

)

Property and equipment, net

 

$

14,773

 

 

$

9,835

 

 

Depreciation and amortization expense for fixed assets was $7.5 million and $7.3 million for the years ending December 31, 2020 and 2019, respectively.