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Property, Plant, and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant, and Equipment
The estimated useful lives of property and equipment are principally as follows:

AssetUseful Life
Buildings39 years
Leasehold ImprovementsShorter of the estimated useful life or lease term
Aircraft20 years
Machinery & equipment
5 to 7 years
IT software and equipment
3 to 5 years
As of December 31, 2019 and 2018, property, plant, and equipment, net consists of the following :
As of December 31,
20192018
(In thousands)
Buildings$9,142  $9,142  
Leasehold improvements20,048  16,570  
Aircraft320  320  
Machinery and equipment33,608  22,114  
IT software and equipment17,151  13,602  
Construction in progress3,674  620  
83,943  62,368  
Less accumulated depreciation and amortization
(34,610) (28,154) 
Property, plant, and equipment, net
$49,333  $34,214