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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
The Company's property and equipment, net, at December 31, 2023 and 2022 was comprised of the following (in thousands):
December 31,
20232022
Land$4,819 $4,450 
Buildings and building improvements54,737 43,542 
Tenant improvements25,451 17,016 
Furniture and fixtures2,191 2,009 
Machinery and equipment16,394 10,087 
Construction in progress427 4,761 
104,019 81,865 
Less: accumulated depreciation(14,916)(10,224)
Property and equipment, net$89,103 $71,641 

During the years ended December 31, 2023 and 2022, additions to property and equipment totaled $20.4 million and $18.6 million, respectively. Of the additions to property and equipment, $0.3 million of such additions in each of the years ended December 31, 2023 and 2022, were paid for by the issuance of Company common stock.

Depreciation expense for the years ended December 31, 2023 and 2022 was $5.5 million and $3.4 million, respectively.