Property and Equipment
|12 Months Ended|
Dec. 31, 2017
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
NOTE 5 – PROPERTY AND EQUIPMENT
At December 31, 2017 and 2016, property and equipment consisted of the following:
During the years ended December 31, 2017 and 2016, additions to property and equipment were approximately $21.0 million and $3.4 million, respectively. These purchases included the acquisition of properties in Hagerstown, MD and Middleborough, MA, and the buildout of facilities in Lewes, DE, Clark County, NV, and Hagerstown, MD.
Depreciation and amortization for the years ended December 31, 2017 and 2016 was approximately $363,000 and $266,000, respectively.
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