Note 5 - Property, Plant and Equipment

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 5 — Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):

	September 30,			December 31,
	2020			2019
Fixed Assets
Computers	$	487		$	487
Furniture, fixtures, and equipment		464			471
Leasehold improvements		101			547
Total fixed assets		1,052			1,505
Less: accumulated depreciation		(611	)		(793	)
Total fixed assets, net		441			712
Project Assets (not placed in service)
Terminal		138,151			121,081
Pipeline		19,771			12,798
Total Terminal and Pipeline assets		157,922			133,879
Total property, plant and equipment, net	$	158,363		$	134,591

Depreciation expense was $65 thousand and $80 thousand for the three months ended September 30, 2020 and 2019, respectively, and $146 thousand and $164 thousand for the nine months ended September 30, 2020 and 2019, respectively.