Note 5 - Property and Equipment

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(5) Property and Equipment

At December 31, 2022, and 2021, property and equipment consisted of the following:

	2022		2021
	(In thousands)
Furniture and equipment	$	4,753	$	4,901
Computer equipment		2,639		2,672
Computer software		29,876		27,828
Building		12,561		9,271
Leaseholds		502		502
Land		425		425
Property and equipment at cost		50,756		45,599
Less accumulated depreciation and amortization		33,508		33,208
Net property and equipment	$	17,248	$	12,391

Depreciation and amortization expense related to property and equipment, including assets under capital lease, for the years ended December 31, 2022, 2021, and 2020 was $5.1 million, $5.7 million, and $6.5 million, respectively. We capitalize interest expense on major construction and development projects while in progress. Interest capitalized for 2022 was $216,000. We did not capitalize interest in 2021 or 2020. There were no significant impairments in property and equipment during 2022, 2021, and 2020. However, we did shorten the useful lives of certain assets to reflect our best estimate of when assets are expected to be disposed of or replaced.