Property and Equipment

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment, net, as of March 31, 2020 and December 31, 2019 consist of the following:

	March 31, 2020		December 31, 2019
Land	$	3,828	$	3,828
Building and improvements	24,185		24,172
Leasehold improvements	499		501
Machinery and equipment	18,381		18,022
Revenue-generating assets	49,810		47,010
Office and computer equipment	14,259		14,054
Motor vehicles	31		31
	110,993		107,618
Less accumulated depreciation	(56,237)		(54,034)
	$	54,756	$	53,584

Depreciation expense was $2,402 and $2,093 for the three months ended March 31, 2020 and 2019, respectively.

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