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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2021
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

6. PROPERTY AND EQUIPMENT:

Property and equipment, net consist of the following (in thousands):

 

 

 

September 30, 2021

 

 

December 31, 2020

 

Land

 

$

2,642

 

 

$

2,642

 

Building and improvements

 

 

74,983

 

 

 

53,568

 

Office and lab equipment

 

 

101,344

 

 

 

85,881

 

Furniture, fixtures and computer related assets

 

 

15,826

 

 

 

8,921

 

Construction-in-progress

 

 

11,155

 

 

 

23,594

 

 

 

 

205,950

 

 

 

174,606

 

Less: Accumulated depreciation

 

 

(86,962

)

 

 

(72,493

)

Property and equipment, net

 

$

118,988

 

 

$

102,113

 

Depreciation expense was $5.3 million and $3.9 million for the three months ended September 30, 2021 and 2020, respectively, and $14.5 million and $11.1 million for the nine months ended September 30, 2021 and 2020, respectively.