XML 36 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fixed Assets
12 Months Ended
Dec. 31, 2017
Fixed Assets [Abstract]  
Fixed Assets

10. Fixed Assets

Fixed assets consisted of the following (in thousands):







 

 

 

 

 

 

 



 

 

 

 

 

 

 



Useful Lives

 

December 31,

 

December 31,



(Years)

 

2017

 

2016



 

 

 

 

 

 

 

Leasehold improvements

4-8

 

$

10,120 

 

$

10,274 

Office equipment and furniture

3-15

 

 

1,488 

 

 

2,193 

Machinery and laboratory equipment

3-15

 

 

2,765 

 

 

3,255 

Software

1-5

 

 

3,162 

 

 

3,581 

Construction-in-progress

̶̶̶̶

 

 

408 

 

 

44 



 

 

 

17,943 

 

 

19,347 

Less accumulated depreciation and amortization

 

 

 

(13,651)

 

 

(13,920)

     Fixed assets, net

 

 

$

4,292 

 

$

5,427 



Depreciation and amortization of fixed assets totaled $1.8 million, $2.3 million and $2.3 million in each of the years ended December 31, 2017, 2016 and 2015, respectively. The construction‑in‑progress balance was related to costs of unimplemented software still under development. Unamortized computer software costs were $0.2 million and $0.8 million at December 31, 2017 and 2016, respectively. The amortization of computer software costs amounted to $0.6 million, $0.7 million and $0.7 million during the years ended December 31, 2017, 2016 and 2015, respectively.

During the first quarter of 2017, the Company disposed of $2.1 million of fully depreciated assets. There was no consideration received for the disposal of these assets and the disposal did not have a significant impact on the consolidated financial statements of the Company.