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Property and Equipment
6 Months Ended
Jun. 30, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

(7) Property and Equipment

Property and equipment consists of the following (in thousands):

 

 

 

Estimated

Useful Life

(Years)

 

June 30,

2017

 

 

December 31,

2016

 

Machinery and equipment

 

3-10

 

$

11,231

 

 

$

8,628

 

Furniture and fixtures

 

3-5

 

 

1,083

 

 

 

1,190

 

Computer equipment and software

 

3-5

 

 

637

 

 

 

538

 

Buildings

 

Up to 39

 

 

7,705

 

 

 

7,310

 

Land

 

Indefinite

 

 

494

 

 

 

469

 

Construction in-process

 

 

 

 

965

 

 

 

1,567

 

 

 

 

 

 

22,115

 

 

 

19,702

 

Less: Accumulated depreciation

 

 

 

 

(7,304

)

 

 

(6,336

)

Total

 

 

 

$

14,811

 

 

$

13,366

 

 

Depreciation expense was $0.5 million and $0.5 million for the three month periods ended June 30, 2017 and 2016, respectively. Depreciation expense was $0.9 million and $1.0 million for the six month periods ended June 30, 2017 and 2016, respectively. The Company recorded $0.1 million in disposals during the period ended June 30, 2017.

 

Machinery and equipment includes $1.5 million of equipment purchased under equipment loans.