Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

In the first quarter of 2014, the Company adjusted its useful lives to more accurately reflect the expected consumption of the economic benefit of these assets as noted in the following table:

Property and equipment category	Useful life
Laboratory equipment	6 years
Computer equipment and software	3 years
Furniture and fixtures	10 years
Leasehold improvements	Lesser of remaining lease term or life of asset

Property and equipment consisted of the following as of: 

($ in thousands)	December 31, 2015			December 31, 2014
Laboratory equipment	$	1,416		$	1,279
Computer equipment and software	296			206
Furniture and fixtures	53			49
Leasehold improvements	903			772
Construction-in-process	156			343
Total property and equipment, gross	2,824			2,649
Less: Accumulated depreciation	(1,242		)	(1,051		)
Total property and equipment, net	$	1,582		$	1,598