Property and Equipment
|3 Months Ended|
Mar. 31, 2019
|Property, Plant and Equipment [Abstract]|
|PROPERTY AND EQUIPMENT||
NOTE 3. PROPERTY AND EQUIPMENT
The following is a summary of property and equipment, at costs less accumulated depreciation and amortization:
Property and equipment include assets recorded under finance leases. See "Note 7—Leases." Property and equipment are pledged as collateral for the Operating Company line of credit. See "Note 6—Long Term Debt."
Depreciation expense for property and equipment (excluding assets recorded under finance leases) for the three months ended March 31, 2019 and 2018 was approximately $357,000 and $54,000, 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://fasb.org/us-gaap/role/ref/legacyRef