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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

6.

PROPERTY AND EQUIPMENT:

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

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Land

 

$

2,642

 

 

$

2,642

 

Building and improvements

 

 

49,985

 

 

 

47,994

 

Office and lab equipment

 

 

77,775

 

 

 

74,726

 

Furniture, fixtures and computer related assets

 

 

8,379

 

 

 

7,592

 

Construction-in-progress

 

 

17,781

 

 

 

12,194

 

 

 

 

156,562

 

 

 

145,148

 

Less: Accumulated depreciation

 

 

(64,559

)

 

 

(57,276

)

Property and equipment, net

 

$

92,003

 

 

$

87,872

 

Depreciation expense was $3.8 million and $3.0 million for the three months ended June 30, 2020 and 2019, respectively, and $7.3 million and $5.8 million for the six months ended June 30, 2020 and 2019, respectively.