Annual report pursuant to Section 13 and 15(d)

PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET (Tables)

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PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET (Tables)
12 Months Ended
Dec. 31, 2019
PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET (Tables)  
Schedule Property, equipment, and leasehold improvements

 

(in thousands)

 

December 31,

 

December 31,

 

2019

 

2018

 

Land and building

 

$

11,206

 

$

13,945

 

Furniture and equipment

 

5,147

 

3,268

 

Computer hardware

 

464

 

333

 

Leasehold improvements

 

20,976

 

6,681

 

Construction in progress

 

10,975

 

12,180

 

Subtotal

 

48,768

 

36,407

 

Less accumulated depreciation

 

(8,686

)

 

(4,726

)

Property, equipment and leasehold improvements, net

 

$

40,082

 

$

31,681

 

Schedule of gain upon sale of the assets

 

Total Consideration

 

$

6,408

 

Inventory

 

159

 

Prepaid Expenses

 

10

 

Property & Equipment

 

597

 

Total Asset Book Value

 

766

 

Transaction Costs

 

413

 

Gain on Sale

 

$

5,229