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Property and equipment, net
3 Months Ended
Mar. 31, 2016
Property Plant And Equipment [Abstract]  
Property and equipment, net

5. Property and equipment, net

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

 

 

March 31, 2016

 

 

December 31, 2015

 

Computer equipment and software

$

1,292

 

 

$

1,259

 

Office equipment

 

1,347

 

 

 

1,104

 

Laboratory equipment

 

12,513

 

 

 

10,520

 

Leasehold improvements

 

13,925

 

 

 

11,010

 

Construction-in-progress

 

75,719

 

 

 

65,542

 

Total property and equipment, gross

 

104,796

 

 

 

89,435

 

Less accumulated depreciation and amortization

 

(8,158

)

 

 

(6,821

)

Total Property and equipment, net

$

96,638

 

 

$

82,614

 

 

Construction-in-progress as of March 31, 2016 includes $74.7 million related to construction costs incurred by the landlord at 60 Binney Street in Cambridge, Massachusetts. Please refer to Note 7, "Commitments and contingencies," for further information.