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Inventories, net
 12 Months Ended
Dec. 31, 2019
Inventories, net  
Inventories, net

8.Inventories

 

Inventories at the Velardeña Properties were as follows:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

 

2019

 

2018

 

 

 

(in thousands)

 

Material and supplies

 

$

231

 

$
229

 

 

 

$

231

 

$

229

 

 

The material and supplies inventory at December 31, 2019 and 2018 are related to the Velardeña Properties and are reduced by a $0.2 million obsolescence reserve.