Quarterly report pursuant to Section 13 or 15(d)
|6 Months Ended|
Jun. 30, 2018
|Commitments and Contingencies Disclosure [Abstract]|
During the three and six months ended June 30, 2018, the Company entered into leases of approximately $0.3 million and $3.7 million. These leases were primarily to fund the construction of our laboratory in Houston, Texas which was completed in May 2018. These leases have 36 month terms, a $1.00 buyout option at the end of the term and interest rates ranging from 4.6% to 5.8%. The Company accounted for these leases as capital leases.
The entire disclosure for commitments and contingencies.
Reference 1: http://www.xbrl.org/2003/role/presentationRef