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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

6.

PROPERTY AND EQUIPMENT:

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

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Land

 

$

2,642

 

 

$

2,642

 

Building and improvements

 

 

49,790

 

 

 

47,994

 

Office and lab equipment

 

 

75,784

 

 

 

74,726

 

Furniture, fixtures and computer related assets

 

 

7,787

 

 

 

7,592

 

Construction-in-progress

 

 

13,238

 

 

 

12,194

 

 

 

 

149,241

 

 

 

145,148

 

Less: Accumulated depreciation

 

 

(60,891

)

 

 

(57,276

)

Property and equipment, net

 

$

88,350

 

 

$

87,872

 

Depreciation expense was $3.6 million and $2.8 million for the three months ended March 31, 2020 and 2019, respectively.