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Property and equipment, net
12 Months Ended
Dec. 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):

 

 

December 31,

 

 

2016

 

 

2015

 

Computer equipment and software

$

1,655

 

 

$

1,259

 

Office equipment

 

1,427

 

 

 

1,104

 

Laboratory equipment

 

16,305

 

 

 

10,520

 

Leasehold improvements

 

13,697

 

 

 

11,010

 

Construction-in-progress

 

136,315

 

 

 

65,542

 

Total property and equipment

 

169,399

 

 

 

89,435

 

Less accumulated depreciation and amortization

 

(12,444

)

 

 

(6,821

)

Property and equipment, net

$

156,955

 

 

$

82,614

 

 

Depreciation and amortization expense related to property and equipment was $5.9 million, $3.7 million, and $2.3 million for the years ended December 31, 2016, 2015, and 2014, respectively.  Construction-in-progress as of December 31, 2016 includes $126.9 million related to the construction of 60 Binney Street in Cambridge, Massachusetts, of which $120.1 million was incurred by the landlord. Please refer to Note 8, “Commitments and contingencies,” for further information.