Property and Equipment |
3 Months Ended |
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Mar. 31, 2018 | |
Property, Plant and Equipment [Abstract] | |
Property and Equipment |
NOTE 3 – PROPERTY AND EQUIPMENT
Property and equipment are shown net of accumulated depreciation and are primarily comprised of the following: land; buildings; building and tenant improvements; furniture and fixtures; and machinery and equipment.
During the three months ended March 31, 2018 and 2017, additions to property and equipment were approximately $1.3 million and $1.8 million, respectively.
Depreciation expense for the three months ended March 31, 2018 and 2017 was approximately $81,000 and $70,000, respectively. At March 31, 2018 and December 31, 2017, accumulated depreciation approximated $1,580,000 and $1,499,000, respectively. |