Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.10.0.1
Property and Equipment
 9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment
4.

Property and Equipment

Property and equipment consists of the following:

 

(Amounts in Thousands)    As of
September 30,
2018		      As of
December 31,
2017		  

Land

    $ 5,690      $ 5,690  

Buildings and other improvements

      4,454        4,414  

Leasehold improvements

      10,076        169  

Office furniture and equipment

      2,875        1,672  

Computer equipment and software

      2        20  

Assets under construction

      34        3,671  
  

 

 

     

 

 

  
     23,131        15,636  

Less accumulated depreciation

      (1,826 )       (1,283 ) 
  

 

 

     

 

 

  

Property and equipment, net

    $ 21,305      $ 14,353  
  

 

 

     

 

 

  

Depreciation expense was $356 thousand and $146 thousand for the three months ended September 30, 2018 and 2017, respectively. Depreciation expense was $727 thousand and $414 thousand for the nine months ended September 30, 2018 and 2017, respectively.