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Property, plant and equipment
3 Months Ended
Mar. 31, 2017
Property, plant and equipment  
Property, plant and equipment

 

5Property, plant and equipment

 

The following table presents the Company’s property, plant and equipment as of March 31, 2017, and December 31, 2016:

 

 

 

March 31,

 

December 31,

 

 

 

2017

 

2016

 

 

 

in thousands

 

Leasehold improvements

 

$

31,286

 

$

30,582

 

Laboratory equipment

 

14,817

 

14,166

 

Office equipment

 

2,733

 

2,710

 

Construction-in-progress

 

140

 

313

 

 

 

 

 

 

 

Total property, plant, and equipment

 

48,976

 

47,771

 

Less accumulated depreciation

 

(13,735

)

(12,069

)

 

 

 

 

 

 

Property, plant and equipment, net

 

$

35,241

 

$

35,702

 

 

 

 

 

 

 

 

 

 

Total depreciation expense of $1.7 million for the three months ended March 31, 2017, and $1.4 million in the same period 2016 was charged to research and development expense to the extent it relates to the Company’s manufacturing facility and equipment, and the remainder was charged to selling, general and administrative expense.