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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2016
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

7.

PROPERTY AND EQUIPMENT:

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

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Land

 

$

820

 

 

$

820

 

Building and improvements

 

 

20,384

 

 

 

19,642

 

Office and lab equipment

 

 

30,728

 

 

 

25,086

 

Furniture, fixtures and computer related assets

 

 

3,097

 

 

 

2,457

 

Construction-in-progress

 

 

4,341

 

 

 

2,299

 

 

 

 

59,370

 

 

 

50,304

 

Less: Accumulated depreciation

 

 

(32,167

)

 

 

(27,897

)

Property and equipment, net

 

$

27,203

 

 

$

22,407

 

Depreciation expense was $4.3 million, $3.1 million and $2.1 million for the years ended December 31, 2016, 2015, and 2014, respectively.