Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

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PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET
 3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
NOTE 9. PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

Property, equipment, and leasehold improvements, net consists of the following:

 

    (in thousands)  
    March 31,     December 31,  
    2019     2018  
             
Land and Building   $ 22,401     $ 22,401  
Furniture and Equipment     5,156       3,652  
Computer Hardware and Software     642       531  
Leasehold Improvements     21,253       8,525  
Construction in Progress     11,581       12,288  
                 
Subtotal     61,032       47,398  
Less Accumulated Depreciation     (7,098 )     (5,807 )
Less Assets Held for Sale     (7,503 )     (7,451 )
                 
Property, Equipment and Leasehold Improvements, Net   $ 46,432     $ 34,139  

 

Depreciation expense related to property, equipment and leasehold improvements for the three months ended March 31, 2019 and 2018 was $0.64 million and $0.53 million, respectively.