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Property and Equipment
9 Months Ended
Sep. 30, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 5. PROPERTY AND EQUIPMENT

Property and equipment consist of the following as of the respective period ends (in thousands):

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Rooftop solar panel systems

 

$

5,075

 

 

$

5,094

 

Properties held for use

 

 

4,399

 

 

 

2,790

 

Leasehold improvements

 

 

772

 

 

 

749

 

Software systems

 

 

318

 

 

 

318

 

Computers and equipment

 

 

265

 

 

 

265

 

Office equipment and furniture

 

 

107

 

 

 

70

 

Property and equipment, gross

 

 

10,936

 

 

 

9,286

 

Less: accumulated depreciation

 

 

(1,380

)

 

 

(1,055

)

Property and equipment, net

 

$

9,556

 

 

$

8,231

 

Depreciation expense totaled $0.1 million during each of the three months ended September 30, 2021 and 2020, respectively, and $0.4 million and $0.3 million during the nine months ended September 30, 2021 and 2020, respectively.