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Property and Equipment, Net
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):
 
March 31,
2020
 
December 31,
2019
Lab equipment
$
18,824

 
$
18,214

Office equipment
2,138

 
2,211

Furniture and fixtures
1,222

 
1,301

Leasehold improvements
9,684

 
10,316

Assets under construction
7,154

 
4,687

Less: accumulated depreciation
(9,222
)
 
(8,565
)
Total property and equipment, net
$
29,800

 
$
28,164



Depreciation expense recorded for the three months ended March 31, 2020 and 2019 was $1.3 million and $1.1 million, respectively.