Property and Equipment
|3 Months Ended|
Mar. 31, 2022
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
Note 7. Property and Equipment
Depreciation and amortization of property and equipment is calculated on the straight-line method based on the shorter of the estimated useful life or the term of the lease for tenant improvements and to fifteen years for all other property and equipment. Property and equipment consist of the following (in thousands):
Depreciation expense was $0.2 million and $0.1 million for the three months ended March 31, 2022 and 2021, respectively.
The entire disclosure for intangible assets and 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://fasb.org/us-gaap/role/ref/legacyRef