Annual report pursuant to Section 13 and 15(d)

12. OTHER EMPLOYEE BENEFITS

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12. OTHER EMPLOYEE BENEFITS
12 Months Ended
Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
12. OTHER EMPLOYEE BENEFITS

The Company sponsors a 401(k) savings plan. Under the plan, employees may make contributions which are eligible for a Company discretionary percentage contribution as defined in the plan and determined by the Board of Directors. The Company recognized approximately $0.2 million and $0.1 million of related compensation expense for the years ended December 31, 2016 and 2015, respectively.