Property and Equipment

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Property and equipment, net, as of September 30, 2019 and December 31, 2018 consist of the following:



	September 30, 2019			December 31, 2018
Land	$	3,828		$	3,828
Building and improvements	24,159			24,060
Leasehold improvements	493			478
Machinery and equipment	17,797			17,239
Revenue-generating assets	44,699			38,066
Office and computer equipment	13,444			12,681
Motor vehicles	31			31
	104,451			96,383
Less accumulated depreciation	(51,790		)	(45,750		)
	$	52,661		$	50,633

Depreciation expense was $2,246 and $1,760 for the three months ended September 30, 2019 and 2018, respectively, and $6,453 and $5,016 for the nine months ended September 30, 2019 and 2018, respectively.

Certain revenue-generating hardware assets are utilized by the Company in the delivery of the Company's airtime services, media, and other content.