XML 29 R12.htm IDEA: XBRL DOCUMENT
v3.19.1

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2018
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | Note 6. PROPERTY AND EQUIPMENT The components of property and equipment at December 31, consisted of the following:
|  | December 31, |  |  | December 31, |  |  |  |
|  | 2018 |  |  | 2017 |  |  |  |
Land |  | $ | 300,000 |  |  | $ | 300,000 |  |  |  |  |
Buildings and Improvements |  |  | 1,708,000 |  |  |  | 1,650,000 |  |  |  | 31.5 years |
Machinery and Equipment |  |  | 11,579,000 |  |  |  | 11,554,000 |  |  |  | 5 - 8 years |
Capital Lease Machinery and Equipment |  |  | 6,495,000 |  |  |  | 6,534,000 |  |  |  | 5 - 8 years |
Tools and Instruments |  |  | 9,882,000 |  |  |  | 8,538,000 |  |  |  | 1.5 - 7 years |
Automotive Equipment |  |  | 177,000 |  |  |  | 172,000 |  |  |  | 5 years |
Furniture and Fixtures |  |  | 303,000 |  |  |  | 311,000 |  |  |  | 5 - 8 years |
Leasehold Improvements |  |  | 520,000 |  |  |  | 528,000 |  |  |  | Term of Lease |
Computers and Software |  |  | 425,000 |  |  |  | 406,000 |  |  |  | 4 - 6 years |
Total Property and Equipment |  |  | 31,389,000 |  |  |  | 29,993,000 |  |  |  |  |
Less: Accumulated Depreciation |  |  | (22,612,000 | ) |  |  | (19,943,000 | ) |  |  |  |
Property and Equipment, net |  | $ | 8,777,000 |  |  | $ | 10,050,000 |  |  |  |  |
Depreciation expense for the years ended December 31, 2018 and 2017 was approximately $2,720,000 and $2,548,000, respectively. Assets held under capitalized lease obligations are depreciated over the shorter of their related lease terms or their estimated productive lives. Depreciation of assets under capital leases is included in depreciation expense for 2018 and 2017. Accumulated depreciation on these assets was approximately $4,827,000 and $3,595,000 as of December 31, 2018 and 2017, respectively.

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