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Property and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 PROPERTY AND EQUIPMENT

 

The following is a summary of property and equipment at December 31, 2018 and 2017:

 

   2018   2017 
   (In thousands of
U.S. Dollars)
 
Property and plant  $27,829   $28,922 
Leasehold improvements   21,278    16,651 
Equipment and machinery   2,451    2,877 
Office equipment and furniture   3,102    3,739 
Motor vehicles   1,112    1,147 
    55,772    53,336 
Less: accumulated depreciation   (27,327)   (27,535)
Construction-in-progress   -    90 
Property and equipment, net  $28,445   $25,891 

 

Depreciation expense was $6.54 million and $6.89 million for the years ended December 31, 2018 and 2017, respectively.