Property and Equipment
|3 Months Ended|
Mar. 31, 2017
|Property Plant And Equipment [Abstract]|
|Property and Equipment||
6. Property and Equipment
Fortress's property and equipment, exclusive of National's property and equipment, consisted of the following ($ in thousands):
Fortress's depreciation expense for the three months ended March 31, 2017 and 2016, was approximately $176,000 and $4,000, respectively, and was recorded in both research and development expense and general and administrative expense in the Condensed Consolidated Statements of Operations.
National's property and equipment as of December 31, 2016 consisted of the following ($ in thousands):
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef