PROPERTY PLANT AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2019

NOTE F — PROPERTY PLANT AND EQUIPMENT, NET

Property, plant, and equipment, net were comprised of the following:


(in thousands)	As of March 31, 2019		As of December 31, 2018
Land	$	634	$	644
Buildings (1)		3,979		24,558
Furniture and fixtures		13,273		13,121
Machinery and equipment		26,568		27,452
Equipment leased to third parties under operating leases		29,402		30,093
Leasehold improvements		125,280		111,247
Computers and software		69,579		69,173
Total property, plant, and equipment, gross		268,715		276,288
Less: accumulated depreciation		(186,764)		(186,799)
Total property, plant, and equipment, net	$	81,951	$	89,489

(1) As discussed in Note A - “Organization and Summary of Significant Accounting Policies”, the new lease standard resulted in the removal of assets associated with build-to-suit leases.

Total depreciation expense was approximately $7.5 million and $7.4 million for the three months ended March 31, 2019 and 2018, respectively.