Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

Property, plant and equipment consist of the following:

	September 30, 2017			December 31, 2016
Land and land improvements	$	11,642		$	10,904
Buildings and building improvements	15,216			8,123
Furniture and fixtures	2,220			2,176
Equipment	58,851			44,392
Leasehold improvements	22,974			15,105
Breeding stock	3,822			3,893
Computer hardware and software	9,817			6,844
Trees	5,719			2,772
Construction and other assets in progress	15,138			4,513
	145,399			98,722
Less: Accumulated depreciation and amortization	(42,523		)	(34,050		)
Property, plant and equipment, net	$	102,876		$	64,672

Depreciation expense was $2,989 and $2,332 for the three months ended September 30, 2017 and 2016, respectively, and $8,623 and $6,769 for the nine months ended September 30, 2017 and 2016, respectively.

In June 2017, AquaBounty purchased a land-based aquaculture facility to be used in the production of its AquAdvantage salmon in Indiana for $14,219.