XML 26 R13.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2018
Property and Equipment [Abstract] |
Property and Equipment | NOTE 6 – Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Components of property and equipment included in the consolidated balance sheets are as follows:
|  | December 31, |
(dollars in thousands) |  | 2018 |  |  | 2017 |
Land |  | $ | 6,827 |  |  | 6,827 |
Buildings |  |  | 24,064 |  |  | 23,990 |
Leasehold Improvements |  |  | 2,899 |  |  | 2,220 |
Furniture and equipment |  |  | 8,890 |  |  | 8,075 |
Software |  |  | 329 |  |  | 306 |
Construction in process |  |  | 281 |  |  | 40 |
|  |  | 43,290 |  |  | 41,458 |
Accumulated depreciation |  |  | (10,860 | ) |  | (9,224 | )
Total property and equipment |  | $ | 32,430 |  |  | 32,234 |
Construction in process at December 31, 2018 included costs associated with the upfit of leased office space in Greensboro, North Carolina, while the balance at December 31, 2017 included costs associated with the upfit of leased office space in Atlanta, Georgia. Depreciation and amortization expense for the years ended December 31, 2018 and 2017 was $1.8 million and $1.5 million, respectively. Depreciation is charged to operations utilizing a straight-line method over the estimated useful lives of the assets. The estimated useful lives for the principal items follow:
Type of Asset | Life in Years
Software | 3
Furniture and equipment | 5 to 7
Leasehold improvements | 5 to 15
Buildings | 40

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration