Remaining performance obligation

COSTAR GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTSCommissions  
Commissions expense is included in selling and marketing expense in the Company's consolidated statements of operations. The Company determined that no deferred commissions were impaired as of December 31, 2021 and December 31, 2020. Commissions expense activity for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands):

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | Year Ended December 31, |
|  |  |  | 2021 |  | 2020 |  | 2019 |
| Commissions incurred |  |  | $ | 117,391  |  |  | $ | 97,183  |  |  | $ | 87,043  |  |
| Commissions capitalized in the current period |  |  | (72,038) |  |  | (64,355) |  |  | (66,688) |  |
| Amortization of deferred commissions costs |  |  | 63,391  |  |  | 60,516  |  |  | 53,421  |  |
| Total commissions expense |  |  | $ | 108,744  |  |  | $ | 93,344  |  |  | $ | 73,776  |  |

  
See Note 2 for the Company's policy on accounting for commissions.  
Unsatisfied Performance Obligations  
Remaining contract consideration for which revenue had not been recognized due to unsatisfied performance obligations was $315 million as of December 31, 2021.which the Company expects to recognize over the next five years. This amount does not include contract consideration for contracts with a duration of one year or less.  
F-20
