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Property and equipment, net
 12 Months Ended
Dec. 31, 2016
Property and equipment, net  
Property and equipment, net

5. Property and equipment, net

Property and equipment, net consists of the following:

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

 

    

2016

    

2015

 

 

 

(in thousands)

 

Laboratory equipment

 

$
3,306

    

$
2,183

 

Leasehold improvements

 

 
1,341

 

 
1,336

 

Furniture and office equipment

 

 
526

 

 
499

 

Construction in progress

 

 
3,873

 

 

 —

 

Other

 

 
242

 

 

 —

 

Total property and equipment

 

 
9,288

 

 
4,018

 

Less: accumulated depreciation

 

 
(1,395)

 

 
(784)

 

Property and equipment, net

 

$
7,893

 

$
3,234

 

The Company recorded $0.6 million, $0.6 million, and $0.2 million in depreciation expense during the years ended December 31, 2016,  2015, and 2014 respectively. Construction-in-progress as of December 31, 2016 includes $3.0 million related to costs which were reimbursable by the landlord. Refer to Note 7 “Commitments and contingencies” for further details.