PROPERTY AND EQUIPMENT
|12 Months Ended|
Dec. 31, 2017
|PROPERTY AND EQUIPMENT|
|PROPERTY AND EQUIPMENT||
7. PROPERTY AND EQUIPMENT
Property and equipment consists of the following (in thousands):
During 2017 and 2016, we disposed of approximately $7.0 million and $618,000, respectively, of fully depreciated assets.
Total depreciation and amortization expense was $465,000, $941,000 and $1.4 million for the years ended December 31, 2017, 2016 and 2015, respectively. During the year ended December 31, 2016, we recognized an impairment loss on certain property and equipment of $319,000 (see Note 11) and recorded this as part of Restructuring Charges in the Statements of Operations.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef