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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2021
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

6.

PROPERTY AND EQUIPMENT:

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

 

 

 

June 30, 2021

 

 

December 31, 2020

 

Land

 

$

2,642

 

 

$

2,642

 

Building and improvements

 

 

71,359

 

 

 

53,568

 

Office and lab equipment

 

 

96,927

 

 

 

85,881

 

Furniture, fixtures and computer related assets

 

 

12,676

 

 

 

8,921

 

Construction-in-progress

 

 

11,304

 

 

 

23,594

 

 

 

 

194,908

 

 

 

174,606

 

Less: Accumulated depreciation

 

 

(81,721

)

 

 

(72,493

)

Property and equipment, net

 

$

113,187

 

 

$

102,113

 

Depreciation expense was $4.9 million and $3.8 million for the three months ended June 30, 2021 and 2020, respectively, and $9.2 million and $7.3 million for the six months ended June 30, 2021 and 2020, respectively.