XML 92 R16.htm IDEA: XBRL DOCUMENT v3.20.1
Property, Plant and Equipment, net
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net
Property, Plant and Equipment, net    
The components of property, plant and equipment, net, are:
 
December 31,
(in thousands)
 
2019
 
2018
Land
$
199

 
$
199

Building and improvements
6,983

 
6,983

Rental property
2,749

 
2,749

Software
12,015

 
2,226

Furniture and equipment
11,755

 
10,274

Construction in process
480

 
8,519

 
34,181

 
30,950

Less accumulated depreciation
(19,830
)
 
(18,375
)
 
$
14,351

 
$
12,575


The estimated useful lives of buildings and improvements and rental property are twenty to twenty-five years.  The estimated useful lives of furniture and equipment range from three to eight years.  Depreciation expense from continuing operations was $1.5 million and $1.2 million for 2019 and 2018, respectively.
The Company leases a portion of its headquarters facility to various tenants.  Net rent received from these leases totaled $0.3 million and $0.4 million for 2019 and 2018, respectively. 
Future minimum rent payments due to the Company under these lease arrangements are approximately the following (in thousands):
2020
287

2021
183

2022
93

2023
93

2024
95

Thereafter
484

 
$
1,235