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PROPERTY, PLANT AND EQUIPMENT | 9 Months Ended
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Sep. 30, 2021
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT The carrying value and estimated useful lives of property, plant and equipment are as follows:
(In thousands) |  | Estimated Useful Life |  | September 30, 2021 |  | December 31, 2020
Property, plant and equipment |  |  |  |  |  |
Land |  | n/a |  | $ | 4,466 |  |  | $ | 4,466 |
Leasehold and building improvements |  | (1) |  | 142,025 |  |  | 117,865 |
Land improvements |  | 15 years |  | 4,894 |  |  | 4,864 |
Buildings |  | 30 - 40 years |  | 201,040 |  |  | 200,980 |
Computer equipment and computer software |  | 3 years |  | 99,889 |  |  | 75,417 |
Laboratory equipment |  | 3 - 10 years |  | 175,393 |  |  | 142,110 |
Furniture and fixtures |  | 3 - 10 years |  | 27,593 |  |  | 24,968 |
Assets under construction |  | n/a |  | 64,187 |  |  | 18,854 |
Property, plant and equipment, at cost |  |  |  | 719,487 |  |  | 589,524 |
Accumulated depreciation |  |  |  | (195,287) |  |  | (137,538) |
Property, plant and equipment, net |  |  |  | $ | 524,200 |  |  | $ | 451,986 |
______________ (1)Lesser of remaining lease term, building life, or estimated useful life. Depreciation expense for the three months ended September 30, 2021 and 2020 was $22.3 million and $19.7 million, respectively. Depreciation expense for the nine months ended September 30, 2021 and 2020 was $64.3 million and $53.3 million, respectively. At September 30, 2021, the Company had $64.2 million of assets under construction which consisted of $11.8 million in laboratory equipment, $40.6 million related to building and leasehold improvements, $11.6 million in capitalized costs related to software projects, and $0.2 million related to land improvements. Depreciation will begin on these assets once they are placed into service upon completion between 2021 and 2023.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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