4 .	Assets Held for Sale

The Company classifies assets as held for sale when all the following criteria are met: (i) management, having the authority to approve the action, commits to a plan to sell the asset or disposal group; (ii) the asset or disposal group is available for immediate sale in its present condition; (iii) an active program to locate a buyer and other actions required to complete the plan to sell the asset or disposal group have been initiated; (iv) the sale of the asset or disposal group is probable, and transfer of the asset or disposal group is expected to qualify for recognition as a completed sale, within

one

year, with a few exceptions; and (v) the asset or disposal group is being actively marketed for sale at a price that is reasonable, in relation to its current fair value.

The Company is in the process of exploring the sale of its property in Houston, Texas and believes a sale is probable within the next

twelve

months. Accordingly, as of

June

30,

2018,

the property was reclassified to Assets held for sale in the accompanying Condensed Consolidated Balance Sheets. Assets are

longer depreciated once classified as held for sale. As the fair value less costs to sell of the disposal group exceeds the carrying value,

impairment charge has been recorded in the accompanying financial statements.