Fortress Biotech, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2017

Fortress's property and equipment, exclusive of National's property and equipment, consisted of the following ($ in thousands):

	Estimated Useful	March 31,		December 31,
	Lives (in years)	2017		2016
Computer equipment	3	$	489	$	440
Furniture and fixtures	5		887		821
Leasehold improvements	Various		5,401		5,396
Total property and equipment			6,777		6,657
Less: accumulated depreciation			(621)		(445)
Property and equipment, net		$	6,156	$	6,212

National's property and equipment as of December 31, 2016 consisted of the following ($ in thousands):

	December 31,		Estimated Useful
	2016		Lives (in years)
Equipment	$	719	5
Furniture and fixtures		71	5
Leasehold improvements		298	Lesser of useful life or term of lease
Capital leases (primarily composed of computer equipment)		276	5
Total property and equipment		1,364
Less: accumulated depreciation		(134)
Property and equipment, net	$	1,230