Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.20.1
Property and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 5—Property and Equipment

 

Property and equipment consists of the following (in thousands):

 

    As of December 31,  
    2019     2018  
Land   $ 782     $ 782  
Building and residential rental properties     1,168       1,549  
Software     2,607       2,606  
Equipment     1,697       1,833  
Furniture and fixtures     305       307  
Building and leasehold improvements     1,241       1,243  
Property and equipment     7,800       8,320  
Less: accumulated depreciation     (6,418 )     (6,471 )
Property and equipment, net   $ 1,382     $ 1,849  

  

Depreciation expense on property and equipment in each of the years ended December 31, 2019 and 2018 was approximately $0.1 million.