v3.26.1
Furniture, Equipment and Leasehold Improvements
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements
5.
FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Furniture, Equipment and Leasehold Improvements, Net consists of the following:

 

 

June 30,
2026

 

 

December 31,
2025

 

Leasehold Improvements

 

$

103,708

 

 

$

90,604

 

Furniture and Fixtures

 

 

27,376

 

 

 

24,827

 

Office Equipment

 

 

12,225

 

 

 

9,609

 

Fractional Aircraft Ownership Interest

 

 

5,989

 

 

 

5,989

 

Total Furniture, Equipment and Leasehold Improvements

 

 

149,298

 

 

 

131,029

 

Accumulated Depreciation

 

 

(75,501

)

 

 

(69,987

)

Furniture, Equipment and Leasehold Improvements, Net

 

$

73,797

 

 

$

61,042

 

Depreciation expense was $3.1 million and $5.7 million for the three and six months ended June 30, 2026, respectively, and $1.8 million and $3.6 million for the three and six months ended June 30, 2025, respectively.