Capital Lease Obligations

12 Months Ended

Dec. 31, 2018

Capital Lease Obligations [Abstract]

Capital Lease Obligations

NOTE 8 – CAPITAL LEASE OBLIGATIONS

Future minimum lease payments under capital lease agreements are summarized as follows:

For years ending December 31,
2019	$	1,129
2020		922
2021		139
		2,190
Less:  Interest		(67	)
Present value of minimum lease payments		2,123
Less:  Current portion		(1,082	)
Long-term portion	$	1,041

At December 31, 2018, property under capital leases had a cost of $5.8 million, and the related accumulated depreciation was $3.3 million. Depreciation of assets held under capital lease is included in depreciation expense.