Property and equipment, net consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

    

As of

 

 

December 31, 

 

    

2016

    

2015

Building

 

$

35,941

 

$

 —

Laboratory equipment

 

 

5,130

 

 

2,215

Computer equipment

 

 

392

 

 

447

Furniture and office equipment

 

 

170

 

 

74

Leasehold improvements

 

 

200

 

 

23

Software

 

 

101

 

 

 —

Total property and equipment

 

 

41,934

 

 

2,759

Less: accumulated depreciation

 

 

(1,556)

 

 

(629)

Property and equipment, net

 

$

40,378

 

$

2,130